Drug patent protection: How long is long enough? A recent Senate committee hearing on Bill S-17, Parliament's effort to comply with international trade rules by extending pharmaceutical patent protection to 20 years, inadvertently opened the door to a broader investigation of the inner workings of the country's pharmaceutical patent legislation.
The Virtual Currency Landscape. Virtual currencies such as Bitcoin are digital representations of value that function as a medium of exchange, a unit of account, and/or a store of value. In many cases, virtual currencies are âconvertibleâ currencies; they are not legal tender, but they have an equivalent value in real currency. In terms of value, Bitcoin is the most prominent virtual currency. As of late January 2015, one bitcoin equaled roughly $207 (though the value is volatile), and all bitcoins in circulation totaled $2.85 billion.
curÂ·renÂ·cy. (kÃ»râ²Én-sÄ, kÅ­râ²-) n. pl. curÂ·renÂ·cies. 1. Money in any form when in actual use as a medium of exchange, especially circulating paper money. 2. Transmission from person to person as a medium of exchange; circulation: coins now in currency. 3. General acceptance or use; prevalence: the currency of a slang term.