Crypto Legal
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The Reserve Bank of India (RBI) has released a concept note on Central Bank Digital Currency (CBDC), referred to as Digital Rupee, in India. The Government of India announced the launch of the Digital Rupee from the financial year 2022-23 in its last budget and consequently the RBI constituted an internal high-level Committee to study various aspects of CBDC.
Hildebrandt (2020) contributes some refreshing new terminology to the blockchain-law discourse. For instance, her notion of ‘code-driven law’ provides a useful analytic crutch for those presently excavating the enigmatic space between code and law
NFTs (non-fungible tokens) have seen a remarkable rise in popularity in the past few years. They have demonstrated blockchain’s potential to disrupt and refashion the ‘creative economy’ in fundamental ways. It has been nothing less than a cultural revelation to discover that digital art, which has always been susceptible to easy reproducibility, can now be legitimately ‘owned’ and transacted.
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