Rocket Lawyer’s Charley Moore is betting smart contracts can make the law available to the masses. The online legal services firm has created a blockchain-based smart contract platform to make writing, verifying, and making payment on an agreement easy, affordable, and automatic. Think of it as an escrow account run by smart contracts.
Cryptocurrency exchange Bitfinex did business with New York-based customers and vendors as recently as this May, according to a filing made in State Supreme Court by the office of New York Attorney General Letitia James.
The headwind Facebook’s Libra cryptocurrency is facing seems to be getting stronger in Asia, as regulators in China, Korea, and India all expressed serious concerns about the stablecoin.
Facebook’s new Libra stablecoin got a break in Europe last week with the announcement that Christine Lagarde has been nominated to be the new head of the European Central Bank, says eToro’s senior market analyst, Mati Greenspan.