ctcigars

Although the Court's expenses are funded primarily by States Parties, it can also receive voluntary contributions from governments, international organisations, individuals, corporations and other entities. States Parties to the Rome Statute gather at least once a year at sessions of the Assembly of States Parties, to provide the management oversight for the Court, for example, by establishing the budget, providing funding and also electing the Court's judges and Prosecutor. States Parties support the Court, accept the ICC's jurisdiction, and also work to incorporate the rules stipulated in the Rome Statute into their own judicial systems. Thus, each country that becomes a State Party brings the world closer to an ICC universal protection under the Rome Statute system. The crimes were referred to the ICC Prosecutor by the United Nations Security Council pursuant to a resolution adopted under chapter VII of the UN charter. The Speakers Bureau is a free, public service pro...

In 2012, the European Central Bank defined virtual currencies as a ‘type of unregulated, digital money which is issued and usually controlled by its developers, and used and accepted among the members of a specific virtual community’. This refers to cryptocurrencies, and in particular to stablecoins – cryptocurrencies issued by private companies. According to the Bank for International Settlements' November 2015 "Digital currencies" report, it is an asset represented in digital form and having some monetary characteristics. Digital currency can be denominated to a sovereign currency and issued by the issuer responsible to redeem digital money for cash. Digital currency denominated in its own units of value or with decentralized or automatic issuance will be considered as a virtual currency. China has introduced its own CBDC, with more than 140 million people having opened digital “wallets,” and many other countries have either rolled out or are developing digital curre...