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Library of Congress Reports Surge in Crypto Law Searches
The surge comes as America's largest library rolls out a crypto regulatory guide.
By Danny Nelson
Updated Sep 14, 2021, 10:25 a.m. Published Oct 30, 2020, 3:33 p.m.
The U.S. Library of Congress' law division has beefed up its cryptocurrency legal resources to meet a spike in demand for information on the topics.
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- The national library last week unveiled a crypto guide to help readers navigate the United States' evolving regulatory treatment of cryptocurrencies and blockchain technology.
- "Recent economic and geopolitical events" have fueled readers' heightened search interest, wrote Law Librarian-in-Residence Louis Myers in his Oct. 22 blog post.
- Myers' guide includes a breakdown of relevant federal regulators, tips on trawling state law resources, links to "secondary sources" and to the library's previous research on cryptocurrency regulation around the world.
- Library staffers did not immediately answer CoinDesk's questions regarding the size of the search spike.
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Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch
When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.
What to know:
- Solana's SOL futures began trading on the Chicago Mercantile Exchange (CME) on Monday, with a notional daily volume of $12.3 million and $7.8 million in open interest, significantly lower than the debuts of bitcoin (BTC) and ether (ETH) futures.
- Despite the seemingly lackluster debut, when adjusted to market value, SOL's first-day figures are more in line with BTC's and ETH's, according to K33 Research.
- Despite the bearish market conditions, the launch of CME SOL futures offers new ways for institutions to manage their exposure to the token, said Joshua Lim of FalconX.
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