2020-2-18 16:15 |
Sometimes the very laws meant to enforce privacy can result in companies sharing it. origin »
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U.S. Congress drafts legislation against big tech companies and securities, but will Facebook back down?
2020-1-2 01:30 | |
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NLW discusses forthcoming changes to US accredited investor laws and looks at a trend of DeFi companies looking to become more decentralized in 2020.
2019-12-20 23:00 | |
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STOKR, a European marketplace for issuing tokenized digital shares, today announced that they will support Blockstream’s Liquid Securities platform. This will enable companies to issue shares on the Liquid Network, a Bitcoin sidechain, under the legal certainty of the EU capital market laws.
2019-12-17 20:24 | |
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The Thailand Securities and Exchange Commission (SEC) has announced they are looking into amending the royal decree issued for digital assets in May 2018. According to the Bangkok Post, the SEC has already given certain crypto companies permission to legally operate and serve customers in the region, November 25, 2019.
2019-11-27 00:00 | |
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When a company makes headlines for mismanaging user data, much of the discussion will revolve around legal implications: whether or not the company’s privacy policy and terms of service cover the data usage in question.
2019-10-15 14:00 | |
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The current crypto legislation before the Dutch Parliament not only mandates domestic companies register with the central bank but that foreign entities will not be allowed to conduct services within the country.
2019-9-11 02:00 | |
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French President, Emmanuel Macron, has started turning up the heat before this weekend’s G7 summit. At a press meeting yesterday, Macron stuck to France’s policy of upping taxes on big tech, calling the system which provides companies with a “permanent tax haven status” simply “crazy,” The Local reports.
2019-8-22 12:10 | |
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The Information Commissioner's Office, the UK's data protection watchdog, has sent a statement to Facebook and 28 other companies behind the Libra project asking for details on how customers’ personal data will be processed in line with data protection laws.
2019-8-6 01:35 | |
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The Economic Times reports that India is gearing up to seek ‘adequacy’ status with the European Union‘s General Data Protection Regulation (GDPR), a set of privacy laws adopted by the region in 2016 and enforced from last year.
2019-7-30 09:57 | |
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Bitcoin has the potential to revolutionize the African continent. Through Bitcoin, millions of unbanked Africans will have access to financial services. These and many more such statements exist across the internet.
2019-6-1 21:48 | |
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The Australian Securities and Investments Commission (ASIC) has published an update on how it intends to regulate crypto-related businesses and initial coin offerings (ICOs).
2019-6-1 19:04 | |
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The unclear and conflicting regulations on crypto assets are causing great dissension amongst the cryptocurrency companies operating in the United States. It is feared that unless these financial laws are amended and updated, there will be an exodus of highly talented individuals to countries where the regulations offer a friendlier climate to operate in. Whilst […]
2019-5-29 18:29 | |
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Cryptocurrency companies in the United States aren’t happy. Token issuers, exchanges, and VCs are up in arms about vague and contradictory guidance on crypto asset regulation. Should the U.
2019-5-29 00:48 | |
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The popular peer-to-peer bitcoin trading network LocalBitcoins has shut down all trading operations for Iranian users. LocalBitcoins’ website offers a variety of pages for users of different nations and, as of May 24, 2019, the Iranian page displays a message that “LocalBitcoins is currently not available in your selected region,” in English only.
2019-5-25 20:14 | |
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President Trump is expected to sign an executive order this week that would ban US companies from using equipment from firms that pose a national security risk. If signed, the order would all but block Huawei from the United States.
2019-5-15 03:54 | |
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It looks as if cryptocurrency service providers will have to adopt stricter know-your-customer (KYC) policies all across the world — and not everyone is happy about that.
2019-5-13 21:33 | |
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Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.
2019-5-13 16:37 | |
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The regulatory and legal environment around internet-based services and applications has changed considerably over the last decade. When large-scale social networking platforms first became popular in the 2000s, the general attitude toward mass data collection was essentially “why not?”.
2019-5-11 04:03 | |
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U. S. Attorney's office for the Southern District of New York has charged two individuals for providing “shadow banking” services to crypto exchanges. According to a statement by Geoffrey S.
2019-5-2 23:54 | |
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Andrei Poliakov is the CEO and co-founder of Coinberry, one of Canada’s premier digital currency platforms. His company is the first in Canada to partner with a government municipality.
2019-4-23 17:42 | |
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“A statement may be both true and dangerous. The previous sentence is such a statement. ” - David Friedman Freedom of speech is a topic that many internet communities have struggled with over the last two decades.
2019-4-19 04:03 | |
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The U. S. Securities and Exchange Commission (SEC) has published an investment contract framework for digital assets, which is intended to give crypto companies guidance as to whether a cryptocurrency is a security.
2019-4-4 22:02 | |
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Wyoming Passes New Blockchain Laws A year after passing several laws defining the legal framework of blockchain and cryptocurrencies, Wyoming has passed an additional few laws to advance blockchain technology for companies and individuals.
2019-3-24 15:37 | |
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CipherTrace, a blockchain analytics company, is partnering with the Republic of Malta’s sole financial regulatory agency to ensure that all crypto transactions within the country are free of money laundering and other similar financial crimes.
2019-3-14 00:14 | |
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From concerns about data sharing to the hosting of harmful content, every week seems to bring more clamour for new laws to regulate the technology giants and make the internet “safer”. But what if our existing data protection laws, at least in Europe, could achieve most of the job? Germany has already started introducing new legislation, enacting a law in 2018 that forces social media firms to remove hateful content.
2019-3-12 18:58 | |
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Despite 2020 presidential candidate Elizabeth Warren’s calls over the weekend to break up big tech companies like Amazon, Alphabet, Apple, and Facebook under U. S. anti-trust laws, these tech stocks are doing fine Monday.
2019-3-12 21:33 | |
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An Israeli financial market regulator has given its recommendation for the creation of a heavily regulated cryptocurrency issuance platform, Reuters reports. According to the report, such a platform should allow companies to “raise money by issuing digital tokens to investors.
2019-3-6 17:59 | |
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Blockchain technology is still trying to find its place in the US economy, and there has been many regulations that outline what it can and can’t do. Tax laws and other regulations have been customized to promote innovation, but a new bill has been brought to the Utah Senate that would provide them with another […]
2019-3-5 00:38 | |
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Bahrain is recovering its status as the Middle East’s financial hub by introducing regulation laws for crypto companies, letting them work for a trial period
2019-3-27 17:58 | |
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From the Drudge Report to The New York Times, sex robots are rapidly becoming a part of the national conversation about the future of sex and relationships. Behind the headlines, a number of companies are currently developing robots designed to provide humans with companionship and sexual pleasure – with a few already on the market.
2019-2-19 11:35 | |
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Lawmakers in the UK have released a damning report on Mark Zuckerberg and Facebook, calling them “digital gangsters. ” The report refers to Facebook’s deliberate violation of privacy laws and its role in spreading “fake news” and disinformation.
2019-2-18 21:22 | |
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Since it came to life in early 2009, Bitcoin has begun disrupting the world of finance. Over the years, this decentralized digital currency came to mean different things for different people.
2019-2-18 18:30 | |
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The Wyoming state government has been expanding its status as a hub for crypto and blockchain technology by passing several new bills this February. According to Wyoming-based blockchain advocate Caitlin Long, the state of Wyoming has recently passed resolution SF0125 on February 14, 2019, claiming that Wyoming “law recognizes property rights in the direct ownership of digital assets.
2019-2-15 22:18 | |
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Announced at the end of January, Bitfury’s production-ready suite of Lightning Network products and services, Peach, appears to offer everything a developer, user or merchant could want from a Lightning implementation.
2019-2-9 23:59 | |
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Announced at the end of January, Bitfury’s production-ready suite of Lightning Network products and services, Peach, appears to offer everything a developer, user or merchant could want from a Lightning implementation.
2019-2-12 23:59 | |
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Whenever I claim that bitcoin is the only decentralized cryptocurrency, I get one of two arguments:My X coin is also decentralized. Bitcoin isn’t decentralized because of Core and/or miners.
2019-1-21 21:52 | |
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Binance’s cryptocurrency exchange platform has expanded into the European market with its entry into the Island of Jersey, a self-governing dependency of Great Britain.
2019-1-19 00:50 | |
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A bill exempting companies providing non-custodial crypto services from certain state money transmitting laws has been resubmitted to the U.S. Congress
2019-1-17 04:20 | |
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Cryptocurrencies are still being regulated in different ways within the United States, which means that some of their actions fall under restrictive money laundering laws, based on their use and classification.
2019-1-17 00:07 | |
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Last week, two of the largest banking regulators within the European Union released reports calling for uniformity in the regulations of crypto assets and Initial Coin offerings (ICOs) across the continent.
2019-1-16 01:54 | |
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The National Revenue Agency of Bulgaria is preparing to conduct inspections on cryptocurrency trading platforms and their customers. The authority wants to make sure that both are fulfilling their obligations under the country’s tax and social security laws.
2019-1-15 11:00 | |
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Lawmakers from Colorado are looking to introduce legislation that would exempt cryptocurrencies from current securities laws. Last week, Stephen Fenberg (Democrat) and Jack Tate (Republican) together filed the “Colorado Digital Token Act” – spotted by CoinDesk.
2019-1-7 16:13 | |
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The Congressmen Warren Davidson and Darren Soto announced the Token Taxonomy Act, H. R. 7356. The main intention behind this act is to provide a clear regulatory environment for businesses and companies in the blockchain environment.
2018-12-21 23:33 | |
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The Swiss government has advised regulators not to create new legislations but instead make adjustments to existing laws to accommodate companies in the blockchain and cryptocurrency space. The amendments should focus on enhancing Switzerland’s position as a blockchain-friendly country, the Swiss Federal Council said last week.
2018-12-18 22:53 | |
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The Swiss government has announced a new legislative approach to blockchain regulation in an official report. The document recognizes the technology as one of the most important recent developments for the financial sector in stimulating the country’s economy.
2018-12-16 03:00 | |
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Crypto hedge fund Pantera Capital says that as much as one-quarter of the projects its ICO fund invested in may be in violation of US securities laws after the SEC decision. Things keep going from bad to worse for US blockchain companies that held ICOs without registering with the SEC.
2018-12-15 00:00 | |
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The state of Wyoming has passed a blockchain bill that allows banks to provide banking services to blockchain companies in the state. According to the legislative document, the new bill would create a new banking category called the Special Purpose Depository Bank, a group of financial institutions in the state that provide banking services to blockchain-based businesses.
2018-12-3 19:48 | |
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For nearly a decade, participants in the blockchain and cryptocurrency space have operated in a regulatory compliance gray zone. Recent developments — at both the federal and international levels — signal that the time for plausible deniability or unregulated freedom is coming to an end and more traditional regulations are moving to the forefront.
2018-12-3 19:20 | |
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The Thailand Securities and Exchange Commission (SEC) has decided to explain how already existing laws could be applied to crypto securities. Another thing to mention is that Thai companies that are planning to issue securities tokens abroad need to follow specific regulations.
2018-12-2 00:55 | |
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As blockchain enters people’s lives more actively, the question of confidentiality has become more prominent
Let's say it right away: E3 is known for unfortunate security breaches. Generally, such breaches result simply in hackers revealing games ahead of the companies that made them. This year, the ESA, the organization in charge of E3's management, messed up in a way not even Keanu Reeves will be able to save them from.
Funny enough, British Airways the British carrier was fined 1. 5 percent of their total revenue-roughly $230 million highlighting the need of blockchain. The post The GDPR Joke, British Airways Violates Privacy, Fined 1.
When the GDPR entered into force on May 25, 2018, mailboxes around the world were flooded with obligatory emails by various services informing their customers about the new “GDPR compliant privacy policies.