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“# Ripple case with SEC to ‘likely’ reach a conclusion in 2022, says CEO ” The long-standing feud between distributed ledger technology firm Ripple and the United States Securities and Exchange Commission (SEC) is nearing its end, according to Ripple’s CEO. Brad Garlinghouse highlighted the progress made in the case “despite a slow-moving judicial process.”…
“# You shall not pass: Tolkien estate blocks ‘The Lord of the Rings’ JRR Token ” The Lord of the Rings-themed ‘JRR Token’ has met a “bag end” after being forced to shut shop following legal action from the family and estate of the famed series’ author. J.R.R. Tolkien who died in 1973. On Nov….
“# Law Decoded: Constitutions of the future will be ratified by DAOs, Nov. 15–22 ” A haphazardly assembled online group of passionate people who formed a decentralized autonomous organization, or DAO, and pooled a spectacular amount of Ether (ETH) for a noble cause came tantalizingly close to pulling off an incredible feat of collective action. While…
“#Obama Foundation accepts $100M donation from Jeff Bezos” Barack Obama has a big new backer: Jeff Bezos. The Amazon founder and world’s second richest man is donating a whopping $100 million to the former president’s charity, the Obama Foundation said Monday. The donation comes as Amazon seeks to fend off challenges from the Biden administration. …
“# VanEck’s Bitcoin spot ETF shunt solidifies SEC’s outlook on crypto ” Bitcoin (BTC) has been on an impressive price run since the announcement of the United States Securities and Exchange Commission’s approval of ProShares’ Bitcoin futures exchange-traded fund (ETF) early in October, hitting a new all-time high of over $69,000 on Nov. 10, as…
“# Bitcoin bulls in City Hall: Meet America’s crypto mayors ” As 2021 comes to a close, Bitcoin (BTC) has had a tumultuous ride this year, with wild price swings that have seen the pioneer cryptocurrency hit all-time highs only to retrace to lower prices — including a 50% drop that shook the market. Now,…
“# Miramax sues Tarantino over ‘money grab’ Pulp Fiction NFTs ” Production company Miramax has filed a lawsuit accusing director Quentin Tarantino of copyright infringement for selling NFTs derived from his blockbuster 1994 film, Pulp Fiction. On Nov. 2, Tarantino announced he would be tokenizing seven uncut screenplay scenes for the critically-acclaimed film as nonfungible…
“# President Biden signs infrastructure bill into law, mandating broker reporting requirements ” After months of scrutiny from both the United States Senate and House of Representatives, the infrastructure bill — criticized by many crypto advocates — is now officially the law of the land. In a ceremony in front of the White House on…
“# Russian Duma creates working group to tackle crypto mining regulations ” The Russian State Duma has created a working group that will tackle the complicated issue of forming regulations for the cryptocurrency mining industry. According to an official announcement on Nov. 11, State Duma Chairman Vyacheslav Volodin instructed the legislature to create a group…
“# Law Decoded: Which currency is the paycheck of your city’s mayor in? Nov. 1–7 ” Even though crypto has long attained relevance as an independent political issue, at times it gets entangled with the broader dynamics of the political process. The notorious infrastructure bill — a major pillar of the Biden administration’s economic agenda…