Rizky Raditya Lumempouw
- Dec 17, 2018
Cross-Default Provisions: Borrower Beware
Bonds, loans, notes, and promissory notes are the debt instruments predominantly traded in financial markets. No one denies that debt has a strong impact on a country’s economy. A decade ago, the bubble in the United States financial market arising from subprime mortgages that were bundled together through securitization was the main cause of the financial crisis in 2007-2008. In a recent article published by the New York Times, the primary problem faced in the financial mark
Pablo Garrido
- Dec 6, 2018
Overview of Cryptocurrency Regulation Around the World
Over the last year, there has been a rise in popularity and demand for cryptocurrency, resulting in an increase in its value. In December of 2017, bitcoin’s value reached nearly $20,000 per bitcoin. This year however, cryptocurrencies of all kinds seem to be faring far worse. As of recently, the same bitcoin’s value dropped to $4,400. NYU´s Journal of Law & Business has tackled this subject before, but due to recent developments in the market, it is time to revisit the topic