Alibaba’s NFT Marketplace Allows Content Creators to Copyright Work via Blockchain IP Service: Report

Alibaba's NFT Marketplace Allows Content Creators to Copyright Work via Blockchain IP Service: ReportThe Chinese multinational technology giant, Alibaba Group, has launched a non-fungible token (NFT) marketplace. According to regional reports, the Alibaba NFT platform not only provides customers with the ability to purchase and sell NFTs, but the marketplace also allows people to license and sell intellectual property (IP), as it is copyrighted by blockchain technology. Alibaba’s […]

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US Lawmakers Urge SEC and CFTC to Create Joint Working Group on Crypto Regulation

US Lawmakers Ask SEC and CFTC to Set Up Joint Working Group on Crypto RegulationTwo U.S. lawmakers have urged the chairman of the Securities and Exchange Commission (SEC) and the acting chairman of the Commodity Futures Trading Commission (CFTC) to establish a joint working group for the regulation of crypto assets. SEC and CFTC Urged to Collaborate on Crypto Regulation U.S. Representatives Patrick McHenry and Glenn “GT” Thompson sent […]

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Big Three Credit Agency Fitch Warns El Salvador Adopting Bitcoin Will Negatively Affect Insurers

Big Three Credit Agency Fitch Warns El Salvador Adopting Bitcoin Will Negatively Affect InsurersFitch Ratings, the American credit agency and member of the ‘Big Three’ credit agencies, has published a paper on El Salvador’s adoption of bitcoin and making the crypto asset legal tender in the country. Fitch believes that after the country enforces the new tender law it will face “volatility risk” alongside “regulatory and operating risks” […]

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