CLARITY Act Advances With Bipartisan and Crypto Industry Support
A landmark crypto bill has cleared pivotal House committees, setting the stage for sweeping regulatory clarity, jurisdictional certainty, and a surge in U.S.-based blockchain innovation. Crypto Bill Clears Key House Hurdles—CLARITY Act Redefines Market Boundaries U.S. House Financial Services Committee Chairman French Hill and House Agriculture Committee Chairman GT Thompson jointly announced on June 13 […] Powered by...
Record Labels Rebuff U.S. Government in Landmark ISP Piracy Liability Showdown
After a Virginia jury ordered internet provider Cox to pay $1 billion in damages for failing to take appropriate actions against pirating subscribers, shockwaves rippled through the ISP industry. The verdict, in favor of major record labels including Sony and Universal, was a catalyst for many other ‘repeat infringer’ lawsuits. This resulted in yet more multi-million dollar claims and awards, with more still in the pipeline today....
