Ethereum News Update
After a devastating January, cryptocurrencies stabilized in early February. The calming event was—to everyone’s surprise—testimony from two U.S. regulators.
Jay Clayton of the U.S. Securities and Exchange Commission (SEC) and J. Christopher Giancarlo of the Commodity Futures Trading Commission (CFTC) provided expert guidance during U.S. Senate hearings on the future of virtual currencies…and their tone was bullish.
Of course, both men paid lip service to the enforcement of anti-fraud measures, but their overall position was lenient. Neither recommended a crackdown on cryptos—in fact, they stressed the importance of continued innovation in the.
Written by Gaurav S. Iyer, IFC @ https://www.profitconfidential.com/cryptocurrency/ethereum/eth-price-forecast-3-stories-watch-ethereum-price-moves-sideways/ February 9, 2018 Gaurav S. Iyer, IFC