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New Report on “Regulation of Cryptocurrency Around the World” Published

Posted by: Jenny Gesley

Cryptocurrencies, once obscure and primarily associated with financing illegal activities, have become mainstream. Cryptocurrencies are a type of virtual currency that uses cryptographic algorithms to validate and secure transactions. The transactions are digitally recorded on a distributed ledger, such as a blockchain. As more and more people invest in and trade cryptocurrencies, governments around the …

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Grizzly Bears and the Endangered Species Act

Posted by: Jenny Gesley

My favorite week of the year is “Fat Bear Week,” an annual competition organized by Katmai National Park in Alaska to crown the bear that managed to pack on the most weight over the summer. Bears are fascinating animals to me, which might also have to do with the fact that I am from Germany, …

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Join Us for our Upcoming Webinar: “Central Bank Digital Currencies – the Future of the Monetary System?”

Posted by: Jenny Gesley

Technology and digitalization are changing the way we pay. The COVID-19 pandemic has only accelerated the trend away from cash to digital payments. Cryptocurrencies, such as Bitcoin, are experiencing an all-time high. Central banks are taking note. On October 20, 2020, the Central Bank of The Bahamas launched the first worldwide retail central bank digital …

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Stuck in the Suez Canal – What are the Legal Implications?

Posted by: Jenny Gesley

The following is a joint guest post by Elizabeth Boomer, an international law consultant, and George Sadek, a foreign law specialist, from the Global Legal Research Directorate of the Law Library of Congress. On March 29, 2021, the engineers of the Suez Canal Authority were finally able to restore passage through the Suez Canal after a 1,300-foot, 220,000-ton …

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Artificial “Judges”? – Thoughts on AI in Arbitration Law

Posted by: Jenny Gesley

The following is a guest post by Viktoria Simone Fritz, a foreign law intern working with Foreign Law Specialist Jenny Gesley at the Global Legal Research Directorate of the Law Library of Congress. Wouldn’t it be great to just put all documents submitted and produced in a specific legal dispute into a machine, wait a few seconds – or let’s …