The Blockchain Security Standards Council, Inc. (BSSC) filed notifications on April 2, 2025, with the Attorney General and the Federal Trade Commission. This filing is related to changes in its membership under the National Cooperative Research and Production Act of 1993, which limits antitrust damages under specific conditions. Bastion Platforms, Inc., from Campbell, California, has withdrawn as a member of BSSC, but the group's membership is still open. Previous notifications had been filed and published in the Federal Register on various dates, with the most recent on January 28, 2025.
Simple Explanation
The Blockchain Security Standards Council, Inc. is a group that makes rules to keep blockchain technology safe. Some companies join this group, but Bastion Platforms, Inc. decided to leave. Even though they left, other companies can still join.