# BlockCrushr drops lawsuit accusing ConsenSys of stealing its IP

# BlockCrushr drops lawsuit accusing ConsenSys of stealing its IP

“# BlockCrushr drops lawsuit accusing ConsenSys of stealing its IP ” Canadian blockchain startup BlockCrushr has agreed to drop an intellectual property (IP) lawsuit against early backer, Ethereum-focused software engineering firm, ConsenSys. The two firms filed a joint agreement to dismiss the case on July 27, with the deal’s terms prohibiting BlockCrushr from attempting to…

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# Pennsylvania legislature mulls crypto task force bill

# Pennsylvania legislature mulls crypto task force bill

“# Pennsylvania legislature mulls crypto task force bill ” A bill to establish a crypto task force in Pennsylvania has been introduced in the state’s General Assembly. According to the details of HB1724 published by LegiScan, the proposed crypto task force will be mandated to examine the potential impact of widespread crypto and digital currency…

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# IMF issues veiled warning against El Salvador’s Bitcoin law

# IMF issues veiled warning against El Salvador’s Bitcoin law

“# IMF issues veiled warning against El Salvador’s Bitcoin law ” The International Monetary Fund is warning that some of the consequences of a country adopting Bitcoin as a national currency “could be dire.” According to IMF marketing department financial counsellor and director Tobias Adrian and legal department general counsel and director Rhoda Weeks-Brown, a…

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# Nonfungible tokens from a legal perspective

# Nonfungible tokens from a legal perspective

“# Nonfungible tokens from a legal perspective ” A nonfungible token (NFT) can be both a representation of a physical or digital asset that only exists on the internet — a programmable piece of art. It provides ownership of an underlying asset, like a painting, and it can also represent a digital asset in the…

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