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Ethereum developers decided to postpone the decentralization project, Wyoming recognized cryptocurrency as money. Bison trading platform from the Stuttgart Stock Exchange.
During the Ethereum developer conference, it was decided not to include a mining limiter in the next blockchain update. That is, those who get coins for ASICs will continue to benefit from it. It was stated that the development team does not yet see the consensus of the community, and therefore postponed the solution of this issue.
In fact, cutting off part of the miners at the moment of a falling market would really be wrong. It is likely that the network hashrate will fall below critical values. Therefore, Buterin’s idea of decentralizing mining has not yet become a real embodiment.
Ethereum problems make postpone drastic measures.
A new Wyoming state law recognized digital financial assets as property. In this, it supported the decision of the federal authorities, but an important addition appeared in state law. When conducting trading activities cryptocurrency is recognized as cash. This means that its turnover will be regulated by other rules.
As a result, local banks will be able to keep cryptocurrency through the creation of trust funds. At the same time, it is noted that Bitcoin and other coins are not a means of legitimate payment in the United States. Otherwise, businessmen would be obliged to provide conditions for conducting transactions in wholesale and retail distribution networks.
In Germany, an application for trading cryptocurrencies was launched. The Bison site will operate on the basis of the Stuttgart Stock Exchange, the second largest in Germany. Now at Bison it has become possible to conduct operations with the four most liquid coins through an intelligent information processing system. It is expected that the assets bundle will constantly expand.
The application was developed by FinTech Sowa Labs, it will work around the clock and seven days a week. In the near future, not only residents of Germany, but also other EU countries will be able to use it. Since trade is conducted in accordance with the laws of Germany, buyers will not have legal problems in the exchange of assets.