Former EU trade commissioner joins advisory board for DeFi dispute resolution...
Astra protocol seems to be offering a way for disputes to stay in the crypto space and out of traditional courts. Phil Hogan, who served the European Commissioner for Trade for less than a year, will be joining the advisory board for the Astra protocol.In a Tuesday announcement, Astra said Hogan would be coming onto its board as an executive advisor, citing his experience in the European Commission and international relations. The project said the addition of the former EU trade commissioner would provide strategic guidance in partnerships aimed at driving growth to the decentralized....
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GoodFi, a not-for-profit organization created by Radix with the mission of getting 100 million people into DeFi by 2025, announced today the addition of 22 executives to its advisory board from DeFi industry leaders such as Chainlink, Aave, Sushiswap, Avalanche and mStable. The addition of the Board of Advisors, who meet monthly to tackle the […]
A new World Economic Forum report highlights the importance of dispute resolution for enterprise blockchain projects.
Now that financial regulators have started to step up their game in conducting oversight on the bitcoin industry, cryptocurrency companies have been adding former heads of financial regulation institutions to their advisory board. BitFury recently announced that the former chair of the Commodity Futures and Trading Commission (CFTC), which is responsible for financial oversight in the US, will be joining their advisory board. Ex-CFTC head Dr. James Newsome will be joined by Hernando de Soto, president of the Institute of Liberty and Democracy (ILD), in the advisory board. Newsome....
New digital dispute rules could keep smart contract disagreements out of the courts with the help of an independent arbitration tribunal. A British government-sanctioned task force has proposed a dispute resolution framework that would keep cryptocurrency and smart contract disagreements out of the courts. A 14-page report published by LawTechUK’s UK Jurisdiction Taskforce puts forward new “Digital Dispute Resolution Rules” that aim to provide a standardized means of dealing with smart contract disputes. Under the remit of the new rules, crypto-based disputes could be resolved without any....
Exploring how Bitcoin’s non-confiscatable nature will introduce a paradigm shift in dispute resolution and the civil justice system.