Notice of Changes in Membership for the Blockchain Security Standards Council
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This notice details recent membership changes in the Blockchain Security Standards Council (BSSC) under the National Cooperative Research and Production Act of 1993. The notice affects companies in the blockchain and digital finance sectors, as it includes the addition of companies like Mastercard and Coinbase to the council, while Payward, Inc. has exited. There are no changes to the council's research activities planned.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Mastercard, Coinbase, Fireblocks, and Kraken have joined BSSC.
- Payward, Inc. has left the BSSC.
- No changes to planned research activities.
Obligations
What this law requires
Blockchain Security Standards Council, Inc. (BSSC) must file written notifications with the Attorney General and the Federal Trade Commission for any changes in membership as per the National Cooperative Research and Production Act of 1993.
BSSC must disclose all changes in membership to maintain compliance with the provisions limiting the recovery of antitrust plaintiffs to actual damages under specified circumstances.
Companies seeking to join the group research project must follow the open membership requirements established by BSSC.