Betting on Bitcoin: the law on directors’ duties and cryptocurrencies
Bitcoin has hit an all-time-high this week, breaching AUD$60,000 and appears to be in a new price-discovery phase. The rise is, at least partially, coming off the back of ubiquitous American electric vehicle automotive company, Tesla, confirming in SEC filings that the company purchased $1.5 billion US of the cryptocurrency in January 2021. They are not alone. American business intelligence company MicroStrategy, which perhaps could have...