Navigate recent developments in AI, machine learning and big data laws and regulations across 22 jurisdictions with expert insights from GLI.
Game Tech News is a weekly magazine dedicated to video gaming. It’s published by Sega and is written by Mike Wright. I’m not sure if Game Tech News is actually a magazine or just a website. If you’re not familiar with it, Game Tech News is an online web publication that features reviews and news […]
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Are you ready to be the next stand out creator everyone is talking about? Then you're in the right place! Expect a weekly newsletter with HOT TAKES FOR CREATORS so you can amplify your brand! Click to read Hot Takes For Creators with Lauren Turton, a Substack publication with thousands of subscribers.
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and
MOSCOW – Blockchain technologies are attracting increased interest from Russian financial institutions and IT companies, and may be poised to overcome skepticism from Russian regulators. This is perhaps not surprising, given Russia’s prominence in the technology sector, with over 120,000 local programmers and continuing growth in ecommerce and online activities. However, certain legal obstacles may […]
Eligible participants can withdraw 72.5% of their cryptocurrency holdings, subject to transaction fees reducing the total. Celsius, the cryptocurrency lending platform that declared bankruptcy in July 2022, has initiated withdrawals for select users. This development signifies a crucial juncture for the company and its clients amid financial instability and legal issues.According to the filing, participants in the Custody Program falling under “Class 6A General Custody Claims” and “Class 6B Withdrawable Custody Claims” are now eligible for fund withdrawals, with a deadline set by the platform for these transactions until Feb. 28, 2024.Eligible participants can withdraw 72.5% of their cryptocurrency holdings, subject to transaction fees reducing the total. Customers who opposed the reorganization plan are excluded from this opportunity. Instead, a Litigation Administrator will handle their assets independently for a duration of six months.Celsius has encountered numerous challenges on its journey to this stage. Following its bankruptcy filing last summer, the platform navigated various legal obstacles. In March, a settlement plan was endorsed, pledging deposit account holders 72.5% of their funds in two installments throughout 2023.Related: Zipmex proposes to pay creditors 3 cents per dollarIn a subsequent update, creditors’ approval of the company’s reorganization plan in Sept. paved the way to distribute around $2 billion in Bitcoin and Ether. The company’s equity will be transferred to NewCo, overseen by the Fahrenheit consortium. In a Nov. 20 announcement, Celsius said the core business of the “NewCo” company proposed under its restructuring plan will be Bitcoin mining rather than staking. Celsius has been maneuvering through bankruptcy proceedings and legal challenges from multiple regulatory entities. The SEC, FTC, and CFTC filed lawsuits against the company and its CEO, Alex Mashinsky, primarily centered on accusations of customer deception. Although Celsius reached a settlement of $4.7 billion with the FTC, Mashinsky is set to undergo a criminal trial in the upcoming fall.Magazine: Crypto’s ‘pro-rioter’ glitch artist stirs controversy — Patrick Amadon, NFT Creator
The rapid evolution of technology has fundamentally transformed various aspects of society, including the legal landscape. From the advent of the internet to the proliferation of artificial intelligen
The significant issues test to determine the prevailing party in construction lien actions (which, by the way, also applies to breach of contract actions) applies to appellate attorney’s fees too! Under this test, the trial court has discretion to determine which party prevailed on the significant issues of the case for purposes of attorney’s fees. […]
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This handbook will provide a comprehensive treatment of the gamut of issues and challenges that exist through the development of both cryptocurrencies and blockchain technology. This will not be confined to simply the investment potential within these new technological areas. We will examine the challenges in the regulatory, legal, taxation, accounting,…
AI brings new opportunities for building products, but also some new challenges and pitfalls in the product management process. Several factors require special consideration when building AI products, ranging from technology constraints, data and privacy considerations, as well as legal and regulatory issues. In this article, we will be focussing on aspects related directly to the core product and technology and, more specifically, those related to bringing innovative products to market.
Being an entrepreneur, it must be your first concern to secure your business startup legally to become legally strong and avoid these top 8 Legal Issues for Startups.
Business owners have to keep track of many details in order successfully run their business. One of the aspects of business ownership that should be at the forefront of their minds is that there are many legal issues in business.
This book examines blockchain technology in shipping and, more specifically, the approval by the International Group of P&I Clubs of the public blockchain platform, CargoX in February 2020. The shipping industry has made an enormous progress towards blockchain-based bills of lading. However, due to the absence of a relevant legal framework, recognizing the ability of data to perform the same legal functions as paper bills of lading, it is crucial to use blockchain platforms which can achieve the desirable legal outcome. The purpose of this book is to examine the legal contractual framework underlying the blockchain platform, CargoX in order to prove that it indeed accomplishes the performance of the traditional bill of lading's legal functions and that blockchain can pave the way towards the digitalisation of transport documentation.
Ignore Bitcoin for the moment: Distributed-ledger technology is most useful for assuring quality within supply chains. Here's how to incorporate it.
Bitcoin ATM operator EasyBit said today it plans to install three new bitcoin ATMs in Vietnam. The company already operates one machine in Ho Chi Minh City, the country’s largest city. At the same time, it announced a partnership with local exchange Bitcoin Vietnam to supply all four machines. Also read: How to Get Your Friends Onto the Bitcoin Bandwagon EasyBit already operates over 60 bitcoin ATMs in over 10 countries. The four Vietnam machines, all supplied by Canadian hardware manufacturer BitAccess, will be two-way. This means users can deposit bitcoins for cash as well as buy digital currency. Bitcoin Vietnam will handle all operations on the ground, such as liquidity management, marketing, customer service and legal issues. Bitcoin in Vietnam: Remittances, Students, Tourists and Miners The operators expect a percentage of business to come from Vietnam’s $13 billion USD remittance industry. The country currently ranks #11 in the world for money sent home from overseas workers and relatives. However the company has observed many other use-cases, such as students purchasing online games with bitcoin, people purchasing goods from China and the U.S., and miners cashing out their proceeds. A representative said: “The BTMs so far are mostly used in our experience especially from new users who don’t necessarily have the trust yet in the online exchange websites, or tourists (who are already exposed to Bitcoin) visiting town who look for an easy way to cash out some of their crypto-holding to the local currency”. Bitcoin Vietnam CEO Nguyen Tran Bao Phuong said she was looking forward to working with experienced partners to bring the benefits of this new technology to the Vietnamese market. “While still in a nascent stage, FinTech is an increasingly hot topic in Vietnam — and we see this as one additional and important step in order to strengthen our position as market leader in the Digital Currency exchange landscape in Vietnam.” Bitcoin Vietnam, which began serving customers in 2014, has remittances and the financially underserved in its sights. Last year it launched VBTC, which exchanges bitcoin and sends money transfers even to those without bank accounts. According to the World Bank, as much as 70% of Vietnam’s population is “unbanked”. First Machine Already Operating The partnership’s first Bitcoin ATM is already installed and operating. It is available from 10AM to 1AM, seven days a week at Italiani’s home made pizza restaurant in Ho Chi Minh City. Three more machines are headed to Vietnam for as-yet-unannounced locations, likely to also be gathering spots for the young and more tech-savvy crowd. Vietnamese law requires every phone number to link to a specific personal identity. For that reason, the machines will require only a phone number to verify transactions at this point. However the hardware also allows for additional verification (ID scan and face camera) if necessary. Cash withdrawals will be limited to less-than-four-figure USD equivalents. This limit makes the machines more suitable to consumers rather than large-scale operations, and avoids situations where machines regularly run out of cash. Do you use bitcoin ATMs? Where would you like to see more of them? Let us know in the comments. Images via Shutterstock, Italiani’s Pizza Now you’ve got your first bitcoin, where can you spend it? Well, the easiest place to try it out is our very own bitcoin.com Store. You’ll find everything bitcoin-related, from clothing to all kinds of accessories and much more. You’ll experience that “wow” moment all bitcoiners have felt after paying with bitcoin for the first time. The post Bitcoin ATMs Taking off in Vietnam With New Arrivals appeared first on Bitcoin News. from Bitcoin News http://ift.tt/2h5eaQn via IFTTT
Looking for experienced family lawyers in New York? Discover top-rated family law attorneys, FAQs, and expert guidance in this comprehensive guide.
BOND New York may soon pay is agents with the burgeoning online currency BitCoin, which experts say could add to the cyber currency's legal quandary.
Today’s advances in artificial intelligence (AI) have brought us to a point where we can create very realistic videos and audio clips. This ability opens up a world of creative possibilities, from…
So while many of you have started to explore the cryptocurrencies and digital coins, the blockchain technology is growing faster than you can ever
This article explores the legal issues surrounding sustainable cities and societies. With a focus on the intersection of environmental, social, and economic
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Blockchain technology has ushered in the age of cryptocurrencies. Fortunes have already been made with blockchain, but what stocks should you be looking at now?
This new volume looks at the electrifying world of blockchain technology and how it has been revolutionizing the Internet of Things and cyber-physical systems. Aimed primarily at business users and developers who are considering blockchain-based projects, the volume provides a comprehensive introduction to the theoretical and practical aspects of blockchain technology. It presents a selection of chapters on topics that cover new information on blockchain and bitcoin security, IoT security threats and attacks, privacy issues, fault-tolerance mechanisms, and more. Some major software packages are discussed, and it also addresses the legal issues currently affecting the field. The information presented here is relevant to current and future problems relating to blockchain technology and will provide the tools to build efficient decentralized applications. Blockchain technology and the IoT can profoundly change how the world-and businesses-work, and this book provides a window into the current world of blockchain. No longer limited to just Bitcoin, blockchain technology has spread into many sectors and into a significant number of different technologies. 7 Tables, black and white; 14 Illustrations, color; 74 Illustrations, black and white
Ethics, Law and Technology Adoption all must be considered in the commercialization of technology research
Over time, many torrent sites have been shut down due to copyright violations and other legal issues. But despite this, many torrent lovers continue to look
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