public interest litigation
Indian Supreme Court Rejects Crypto Petition: Legislative Nature Emphasized
The Indian Supreme Court's decision not to accept a PIL for cryptocurrency regulation underscores the legislative nature of such regulations and the ongoing regulatory uncertainty in the crypto sector.
China’s Cryptography Law Piques Local Interest and Stirs Global Market Reaction
The recent passing of China's Cryptography Law, which will come into effect in 2020, has peaked local interest as searches for blockchain on WeChat surged ten-fold.
Ghana Confirms Its Interest in Piloting Central Bank Digital Currency
Ghana has confirmed that it is on the hunt for a Central Bank Digital Currency (CBDC). The Bank of Ghana’s deputy governor, Dr. Maxwell Opoku-Afari, recently revealed that the country’s central bank remains committed to piloting a national digital currency. He made such remarks during a virtual stakeholder workshop on payment systems and services as reported by GhanaWeb local news outlet.
With Recent $9.5 million Offering BTCS Gains Institutional Investor Interest
BTCS, a digital asset blockchain technology-focused company, recently closed an institutional investor-backed $9.5 million financing comprised of 9,500,000 shares of its common stock and common stock warrants to purchase up to 7,125,000 shares of common stock at a combined purchase price of $1.00 per share in a registered direct offering.
Central Bank Digital Currencies Unmasked by Dr. Alicia Garcia-Herrero at Natixis
Blockchain.News has been delighted to reach out to Garcia-Herrero for her to share some thoughts on central bank digital currencies around the world. Central bank digital currencies (CBDCs) have increasingly sparked interest in recent years. With the notion of China’s central bank, People’s Bank of China (PBoC) announcing its plan to issue its digital currency (DCEP) and Facebook’s Libra stablecoin emergence, the world has been paying more attention to CBDCs.
Ethereum to See $1 Trillion in Real Value Transfers This Year, Eclipsing PayPal as Institutional Interest Rises
Ethereum will process more than $1 trillion in real value transfers this year, surpassing PayPal.
European Central Bank is Consulting the Public on CBDC
The European Central Bank has launched a public consultation to seek public opinion on its proposed digital Euro or central bank digital currency (CBDC).
Coinbase Will Go Public Via Direct Listing Not IPO
Coinbase has revealed that it plans to go public through a direct listing instead of a traditional Initial Public Offering (IPO).
Crypto Interest in Asia is Brewing, Showing Long-Term Optimism in the Market
Crypto analyst Joseph Young has disclosed that Asia is showing considerable interest in the crypto market.
ConsenSys Proposes Tokenization to Leverage Impure Public Goods
People generally understand that human-made public goods—highways, airports, libraries—will incur some economic costs which must be recovered through some sort of fee, toll or charge. It is apparent, however, that the general public gives little thought to the actual policy decisions made in cost recovery schemes or the impact of cost recovery methodologies on the efficient allocation and utilization of these resources for the assets. ConsenSys proposes a tokenized model to better sustain and enhances public resources.
Ethereum Open Interest Hits All-Time High as 100% of ETH Addresses in Profit
Ethereum open interest hits an all-time-high and 100% of ETH addresses are now in profit.
IOTA Announces Chrysalis Phase 2 Public Testnet is Now Live
IOTA’s network upgrade, Chrysalis has recently launched its public testnet. Chrysalis, also known as IOTA 1.5, is IOTA’s intermediate stage.
Litecoin Foundation Partners with Cred to Let Crypto Holders Earn Interest
Litecoin Foundation has announced a partnership with Cred to begin offering interest on Litecoin held as collateral. Cred customers can freeze their coins with Cred and earn up to 10% annual interest on their digital assets.