US and UK to Deepen Ties on Crypto Regulation, Says British Regulator
Britain’s top financial regulator, the Financial Conduct Authority (FCA), says the U.S. and U.K. will deepen ties on crypto regulation. “In the past, innovative firms would have been pleading for less regulation. Now they understand and appreciate that rules are there to help provide certainty,” said the British regulator. US and US to Strengthen Collaboration on Crypto Regulation The U.K. Financial Conduct Authority’s chief...
Gary Gensler Outlines What to Expect From SEC on US Crypto Regulation
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined what to expect from the securities watchdog on crypto regulation. “We do have robust authorities from Congress also to use our exemptive authorities that we can tailor investor protection,” he explained. Chair Gensler Highlights SEC’s Work on Crypto Regulation SEC Chairman Gary Gensler outlined what to expect from his agency on U.S. crypto...
Paraguayan Senate Approves Cryptocurrency Bill
The Paraguayan Senate has approved a bill that seeks to regulate cryptocurrencies and their operations in the country. The bill, which had already been submitted to the deputy chamber, was approved with some changes suggested, establishing clear definitions and tax exemptions for companies in the cryptocurrency and crypto mining sectors. Paraguayan Cryptocurrency Bill Passes Senate Discussion Countries in Latam are seeking to...
Bungie Sues Twitch-Streaming Destiny Cheater ‘MiffysWorld’ For Being Awful
The RIAA was well within its legal rights when it sued thousands of file-sharers in the early 2000s. But it looked bad. Like really bad. The sight of corporate lawyers crushing everyone from students to moms and dads was a PR disaster. In today’s social media-powered world, it would’ve been devasting. Interestingly, a brand new lawsuit filed by Bungie against what initially seemed like an ordinary guy may actually end up having the...
Research Suggests That Software Piracy Lowers Poverty
When copyright holders discuss online piracy, they often highlight the associated losses. However, not all pirated downloads equal a loss. While there is certainly a group of pirates who simply refuse to pay for content, there are also people who simply can’t afford it. Piracy and Poverty This is particularly true for software, which can be rather pricey. Interestingly, software piracy can also open up a door to escape from poverty....
