As the country reels from a Presidential debate that left no one looking good, the Supreme Court has swooped in with what could be one of the most consequential decisions it has ever made, in the context of the tech industry. By reversing a 40-year-old decision, the court has opened up regulators to endless interference […]
AT&T notifies regulators after customer data breach
AT&T has begun notifying U.S. state authorities and regulators of a security incident after confirming that millions of customer records posted online last month were authentic. In a legally required filing with Maine’s attorney general’s office, the U.S. telco giant said it sent out letters notifying more than 51 million people that their personal information […]
Apple’s reluctant, punitive compliance with regulators will burn its political and developer goodwill
Apple is on a roll when it comes to having its hand forced by state entities and governing bodies: Alternative payment methods, stripping features from existing hardware, allowing alternate app stores and genuine browser default competition – everywhere you turn it seems to be satisfying some reversal, owing either to trial judgements not going its […]
Global Regulators Consider Launching a Joint Body to Coordinate Crypto Rules
Global market regulators are likely to launch a joint body within the next year to better coordinate cryptocurrency regulations, said a top executive of the International Organization of Securities Commissions (IOSCO). A Global Body to Coordinate Crypto Rules Top executives at the International Organization of Securities Commissions (IOSCO) discussed cryptocurrency regulation this week. Members of […]
New SEC Filings Give the Impression US Regulators Approved a Bitcoin Futures ETF
The price of bitcoin jumped over 8% during the last 24 hours after a number of documents stemming from the U.S. Securities and Exchange Commission’s (SEC) web portal indicated that the Proshares Trust exchange-traded fund (ETF) could be listed as soon as next week. Proshares filed a post-effective amended prospectus on Friday that shows the […]