Colored coins protocols could provide a means to encode transfer of arbitrary assets
into ordinary transactions, thus extending the utility of public blockchains for financial institutions.
If your pay is just going
into your ordinary transaction account, you could be missing out on earning better interest.
Not exact matches
The Offer is conditioned upon, among other things, (i) the Nominees being elected to the Board at the Special Meeting or otherwise being appointed to, and constituting a majority of, the members of the Board, (ii) the Board redeeming the «poison pill,» or our being satisfied in our reasonable discretion that the «poison pill» is otherwise inapplicable to the Offer, the BVF Group or any affiliates or associates of the BVF Group, and (iii) Avigen not having authorized, recommended, proposed, announced its intent to enter
into or entered
into an agreement with respect to or effected any merger, consolidation, liquidation, dissolution, business combination, acquisition of assets, disposition of assets, alternative strategy or relinquishment of any material contract or other right of Avigen or any comparable event or capital depleting
transaction not in the
ordinary course of business.
The tender offer is conditioned upon, among other things, (i) the BVF Nominees being elected to Avigen's board of directors at a special meeting of stockholders called for that purpose, or otherwise appointed, and constituting a majority of directors on Avigen's board, (ii) the Avigen board redeeming the poison pill rights issued and outstanding under Avigen's Poison Pill Rights Plan, or the Purchaser being satisfied in its reasonable discretion that the Poison Pill Rights are otherwise inapplicable to this tender offer, the Purchaser or any affiliate or associate of the Purchaser and (iii) Avigen not having authorized, recommended, proposed, announced its intent to enter
into or entered
into an agreement with respect to or effected any merger, consolidation, liquidation, dissolution, business combination, acquisition of assets, disposition of assets, alternative strategy or relinquishment of any material contract or other right of Avigen or any comparable event or capital depleting
transaction not in the
ordinary course of business.
However, any profit may be treated as
ordinary income if there was an intention of profit and the
transaction was entered
into in the course of carrying on a business or as a business or commercial
transaction.
Ensure derivative
transactions can not be used to convert fully taxable
ordinary income
into capital gains taxed at a lower rate.
Because there is an
ordinary ratio of signature data to non-signature data in
transactions (which holds unless someone is cramming non-cryptocurrency data
into the blockchain) there is a greatly diminishing incentive for UTXO reduction given a discount past that ratio, but an increasing exposure to the extra space being abused.