Gibraltar Updates Distributed Ledger Framework to Align With FATF Crypto Regulations
The Gibraltar Financial Services Commission (GFSC) has updated its guidance notes for distributed ledger technology (DLT) providers to include recommendations for risk management, as well as clarify aspects around the issuance of digital assets. In a statement released on September 17, the regulator said the new updates are part of an ongoing effort to adapt its regulatory framework to include the latest Financial Action Task Force...
Analyst: 1,500 Bitcoins Lost Every Day, Less Than 14 Million Coins Will Ever Circulate
A cryptocurrency analyst, Timothy Peterson claims that 1,500 bitcoins are lost each day meaning only 14 million BTC will ever circulate. The figure is at odds with the estimate of many organizations including Markets.bitcoin.com which place the figure at 18.5 million coins. Still, Peterson, who is the CAIA Manager at Cane Island Alternative Advisors, argues the merits of his assertions by pointing to how this average daily loss dwarfs...
YouTube Rippers ‘Flvto’ and ‘2Conv’ Will Take Legal Battle to US Supreme Court
In 2018, a group of prominent record labels sued two very popular YouTube rippers, FLVTO.biz and 2conv.com. The labels, including Universal, Warner Bros, and Sony, accused the sites of copyright infringement and hoped to quickly shut them down. That didn’t go as expected. The owner of the sites, a Russian man named Tofig Kurbanov, lawyered up and fought back. Before the copyright issues were even discussed in court, the complaint was...
Getting credit: Taking your place in a meritocracy
Imagine these situations (women, minorities, and junior associates in organizations deal with them regularly, but they can happen to anyone): read more Powered by...
