Every Friday, Law Decoded delivers analysis on the week's critical stories in the realms of policy, regulation and law.
The concept of monopoly will reign in today's Law Decoded.
A secondary principle is decentralization, and in this way, blockchain technology seems inherently opposed to monopolies.
This week saw antitrust conflict between paeons of big tech and government.
Governments take Big Tech to task for antitrust practices.
CEOs for the four horsemen of U.S. tech - Apple, Amazon, Google and Facebook - appeared virtually before Congress on Wednesday to face accusations of functionally acting as monopolies.
Many of these tech giants are entrenched enough that they may be getting too big to fail.
Maybe central bank monopolies next?
The Bank of England tapped Accenture to update technology for the U.K.'s payments system - not explicitly referring to a CBDC, but Accenture is deeply involved in the development of CBDCs around the world, including the digital dollar.
The American Enterprise Institute's visiting crypto expert, Jim Harper, talks digital dollars and new payments systems.
Law Decoded: Big Tech, Central Banks and the Hunt for Monopolies, July 24-31
Published on Jul 31, 2020
by Cointele | Published on Coinage
Another mainstream company is seeking approval to invest in crypto
Anthony Scaramucci's investment firm, SkyBridge, seeks approval from the SEC to invest in crypto.
COVID-19 popularized decentralization, but blockchain may not catch on
On Nov. 9, drugmaker Pfizer announced that its COVID-19 vaccine is 90-plus percent effective, and even though it may be premature to proclaim the pandemic's end - as the virus continues to rage in the United States and Europe - once can at least speculate: Where will blockchain adoption stand when the crisis abates?
Bitcoin hits new 2020 high at $16.7K -Traders expect bigger breakout
The price of Bitcoin hit a new yearly high at $16,717 on Binance.
The next big crypto market could be fantasy sports, says Messari
As "Digitally native" ecosystems like esports continue to synergize with blockchain technology, industries like fantasy sports could be primed for mass adoption, says digital research firm Messari.