1. SEC Chairman Jay Clayton Has Positive Words For ICOs SEC Chairman Jay Clayton has shared positive words about ICOs during the talk ‘Cryptocurrency and Initial Coin Offerings’, hosted at Princeton University. The agency’s highest-ranking official . The statement comes following many at the event wondering if SEC’s decision to prosecute projects meant it had a negative view of the new fundraising method. Instead, the chairman argued that the actions taken by the SEC will actually help this emerging industry mature. He went on to say that they would rather stop this deceptive behaviour now at the beginning, than wait until it becomes an established industry. has affirmed that not all ICOs are fraudulent 2. Monex Will Purchase All Of Coincheck’s Shares We yesterday that Monex would share more details about its acquisition of crypto exchange Coincheck on Friday. The brokerage firm has now . According to the document, Monex will acquire all of the shares of Coincheck. A share acquisition agreement has been signed today, while the acquisition will be implemented on April 16th. The acquisition price amounts to 3.6 billion yen (33.5 million USD) and it is based on the exchange’s estimated net assets at the end of the fiscal year (March 2018). Coincheck has also , where it covered the reasons behind the acquisition, as well as providing an outline of the changes which will take place. reported published a press release published a press release 3. Credit Card Giant Shinhan Forms Partnership With OmiseGo South Korea-based credit card giant Shinhan Card Co , popular in Southeast Asia. Shinhan hopes to launch blockchain-backed applications such as a digital token reward system. OmiseGo has knowledge of the industry as its open payment platform include various cryptocurrencies and digital currencies from several countries. At the moment, it has released a mobile coupon backed by the blockchain technology. Through this partnership, it hopes to follow the ‘hyper-connected management’ business strategy by expanding blockchain-backed digital banking and payment services. has formed a partnership with online payment platform OmiseGo 4. State of Arizona Signs Blockchain Bill Regarding Data Arizona Governor allowing corporations to hold and share data on the blockchain. The bill, signed on April 3, is now part of Arizona state law. The bill previously with 56 yeas, 3 nays and 1 abstention. The billed, called . Indeed, the Senate is going to have a third reading of two more bills: HB 2602, which would stop towns from banning cryptocurrency mining in residences, and HB 2601, which covers securities and crowdfunding. It would allow the use of virtual coins as a medium of exchange in digital trading. We previously also on the possibility of citizens being able to pay taxes using Bitcoin thanks to bill SB 1091. Doug Ducey has signed a bill passed the House of Representatives HB 2603, is one of a list aimed at helping these emerging technologies to grow reported This news roundup was brought to you by BlockEx . To receive our daily news roundup in your mailbox, sign up here: http://bit.ly/BlockExNewsRoundup-Updates

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