Legal Framework of Wyoming DAO LLCs
Due to the rapidly growing number and diversity of decentralized autonomous organizations (DAOs) as novel organizational forms, both the participants and developers of these organizations and third parties or stakeholders such as consumers, the market, and government agencies have developed a need for legal certainty in dealing with these organizations. At this point, Wyoming DAO […]
European Union: New Strict Rules on Cryptocurrencies
The European Union (the “EU”) has always been strict about tracing money flow and regulating anti-money laundering, terrorist financing, and other crimes. Undoubtedly, it also aims to control cryptocurrency activities, which has been a grey area within different jurisdictions. Although it was argued that the EU would ban cryptocurrencies that are proof of work-based last […]
Comprehensive Analysis of Recent Side Chain Hacks
The development of blockchain technologies is not all lavender and roses… In the last year, the world has experienced three major side chain hacks, the total sum of which exceeds $1.5 Billion. Even though several precautions are adopted to minimize the adverse consequences, the way things are going, people’s stance toward side chains will probably […]
Argentine Crypto News: IMF’s Approval Has Landed
In our last Argentine News, we have covered the Argentine Government’s application for Extended Fund Facility and its current and possible impactions on crypto companies operating in the Argentine regional market. And now here we are to provide more on the issue following the IMF’s approval. On March 25, 2022, International Monetary Fund (“IMF”) has carried […]
How Does AML and KYC Affect Crypto Exchanges?
As crypto ushers in a new era for the financial industry, the spreading adoption of crypto exchange platforms has created the need to set a new understanding in terms of financial regulations. The most obvious example of this is the AML and KYC practices that dominate traditional financial institutions that have become a critical process […]
Dubai’s First Crypto Law: Law on The Regulation of Virtual Assets
The Emirate of Dubai has been introducing various innovations for entrepreneurs and investors of blockchain technology, rising to be a regional and international hub in the industry. It has already spent several years egging the sector participants to hold its position internationally and made a lot of promises in this regard. Such innovations and incentives […]
Argentine Crypto News: Are Growth and Resilience Feasible Without Crypto In 2022?
Due to the upcoming default dates of Argentina’s debts to the International Money Fund (“IMF”) last week, the Argentine government voted positive on an IMF Program (the “Program”) called Extended Fund Facility (“EFF”) Arrangement on March 17, 2022. (1) The program seems to hold colossal importance to be a milestone in Argentina’s crypto history since […]
The Idea of a Self-Sustaining Novel Organism: The DAOs
Abstract Emerging distributed ledger technologies and blockchain have sparked various innovations, new organizational structures, and social forms. One of the most intriguing inventions is the emergence of decentralized systems, including decentralized autonomous organizations and their subclass, decentralized autonomous corporations. This article introduces these concepts and sheds light on the past, present, and possible future of […]
Laissez Faire, Laissez Passer – However in a ‘Responsible’ Way The U.S Government’s Approach Towards Digital Assets
Abstract: Recent Executive Order published by the White House sets forth the first comprehensive digital assets strategy of the U.S. government and adopts the “whole-of-government approach” to create the new U.S. financial system including the digital assets. Keywords: executive order, digital asset, cryptocurrency, central bank digital currency, decentralized finance. As governments’ position towards crypto assets evolves, crypto […]
3 Things to Learn from Arianna Simpson’s Journey to Crypto
Your passion will lead you where you are supposed to be. You can raise your voice in Crypto by investing more time and energy into yourself. Enjoy the waves. Please allow us to share a bit of Arianna Simpsons’ background before moving onto her Crypto journey. Arianna was born in Milan. Arianna spent most of […]