Who owes money to World Bank?
I'm curious to know, who exactly owes money to the World Bank? Are these debts held by individual countries, governments, or perhaps international organizations? Are there specific criteria or requirements for eligibility to borrow from the World Bank, and how are these debts typically repaid? Understanding the answer to these questions can help provide insight into the global financial landscape and the role that the World Bank plays in facilitating economic development.
Can a cryptocurrency exchange be a debtor under Chapter 11?
Could you elaborate on the possibility of a cryptocurrency exchange being classified as a debtor under Chapter 11 of the United States Bankruptcy Code? Is there any precedent or case law that supports or contradicts this notion? How would the unique nature of cryptocurrency transactions and assets impact the bankruptcy process if such an exchange were to file for Chapter 11 protection? Additionally, what challenges might arise in valuing and liquidating cryptocurrency assets in a Chapter 11 proceeding?