legislation

Crypto Is Part of Free Speech, and Free Speech Is Everything

</header> <strong>On July 23, U.S. Attorney General William Barr gave a speech demanding big players in the tech industry work with government agencies in providing backdoor entry points for encrypted devices and software. Per his reasoning, certain devices and messaging services pose a safety threat by providing a secure, third-party-inaccessible area where crime can rapidly …

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US Moves Closer to Accepting Blockchain, Still Uncertain Over Crypto

Despite concerns expressed by many United States regulators during the recent House Committee on Financial Services’ hearing on Facebook’s proposed digital currency, Libra, an increasing number of U.S. lawmakers are speaking out in favor of developing a permissive regulatory apparatus to prevent stifling innovation in the cryptocurrency sector. Several days prior to the hearing, the …

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Florida allows self-driving car tests without backup drivers

Sponsored Links Florida Governor’s Office Companies that want to test their self-driving cars will have an easier time of it in the Sunshine State. Florida Governor Ron DeSantis recently signed a bill allowing companies to test autonomous vehicles without backup drivers. It also lets occupants text, watch video or otherwise enjoy themselves without running afoul …

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Maine passes bill requiring ISPs to ask permission before selling data

Sponsored Links coleong via Getty Images The current federal government might not be keen on privacy rules for internet providers, but Maine certainly is. The state’s Senate has passed a bill that requires consent before ISPs can sell or offer access to their customers’ private data, paralleling an earlier approval in the state House. It …

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Montana Passes Bill to Exempt Utility Tokens From Securities Laws

“Big Sky Country” has gone crypto friendly, with new legislation addressing the use of utility tokens. The governor of the U.S. state of Montana, Steve Bullock, signed House Bill 584 into law earlier this month, recognizing utility tokens and exempting them from being considered as securities under local rules, with caveats. Scintillatingly titled “Generally revise laws …

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Congress could require a car alarm for kids left inside

Sponsored Links encrier via Getty Images In the past 20 years, more than 800 children have died of heatstroke in cars in the US. Now, a group of lawmakers wants to require alerts that would remind parents to check for children in the backseat before exiting the vehicle. Legislation announced today would mandate “a distinct …

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GOP, Dem Senators officially introduce loot box, “pay-to-win” legislation

Unlike this ceramic replica, video game loot boxes are not filled with real candy. ThinkGeek Weeks ago, Senator Josh Hawley (R-Mo.) released an outline for the The Protecting Children from Abusive Games Act, aimed at stopping randomized loot boxes and pay-to-win mechanics in the game industry. Today, Hawley was joined by Ed Markey (D-Mass.) and …

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Bahamas Securities Regulator Proposes Rules for Token Sales

The Bahamas’ securities regulator is pushing for a new framework for token projects, aiming to turn the island nation into the jurisdiction of choice for blockchain startups. The Securities Commission of the Bahamas has filed a draft of the new bill regulating token offerings not deemed securities. The bill lays out a procedure for registering …

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Russia Adopts Law to Isolate Runet From the Internet

</header> <strong>Runet, the Russian segment of the internet, is about to be isolated from the rest of the web. A new law adopted by the State Duma aims to do so in order to supposedly protect it from external threats and turn it into a “sovereign” space. Russian taxpayers and end users will pay the …

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Japan to Tighten Rules on Cryptocurrency Margin Trading

Japan is putting in place new, stricter rules for cryptocurrency margin trading from next year. According to a report from Nikkei Asian Review on Tuesday, the Japanese Cabinet, the executive agency of the country’s government, has approved draft amendments related to financial instruments and payment services laws that include two notable changes related to cryptocurrencies. Firstly, …

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