The Cryptocurrency Revolution and President Biden's Formal Recognition -
Out of the ashes of the 2008 financial crisis, Bitcoin sprang up like an insurgency, targeting both the unbridled activity of large financial...more
3/18/2022
/ Bitcoin ,
COPPA ,
CRISPR ,
Cryptocurrency ,
Cyber Attacks ,
Cybersecurity ,
Data Collection ,
Data Privacy ,
Data Protection ,
FinTech ,
Food and Drug Administration (FDA) ,
Hackers ,
Intellectual Property Protection ,
Internet of Things ,
Medical Devices ,
Securities and Exchange Commission (SEC)
Concerning Healthcare Data Breach Reporting Trend -
"There has been a trend in recent years for HIPAA-regulated entities to wait the full 60 days from the date of discovery of the breach to issue notifications to affected...more
2/16/2022
/ Biometric Information Privacy Act ,
Bitcoin ,
Cryptocurrency ,
Cybersecurity ,
Data Breach ,
Data Privacy ,
Data Protection ,
Data Security ,
Health Care Providers ,
Health Insurance Portability and Accountability Act (HIPAA) ,
Non-Fungible Tokens (NFTs)
Next year will see the continued growth of digital or virtual currencies, payment options, investments, and real estate.
Digital currencies have been around in some form for more than a couple decades. Many consider...more
China's Cryptocurrency Ban: What It Means for Bitcoin, Coinbase and the US -
"On Sept. 24, China's Central Bank declared all crypto-related transitions illegal, citing concerns about gambling fraud and money laundering."...more
Biotechnology Can Fight Climate Change—but Trade Negotiators Need to Act -
"Emerging biotechnology, such as gene-editing, can safely and effectively change our planet's future for the better."
Why this is important:...more
9/30/2021
/ Agricultural Sector ,
Amazon ,
Artificial Intelligence ,
Biotechnology ,
Bitcoin ,
Climate Change ,
Coronavirus/COVID-19 ,
Cryptocurrency ,
Cybersecurity ,
Food and Drug Administration (FDA) ,
Life Sciences ,
Novartis ,
Ransomware ,
Stablecoins ,
Surveillance
El Salvador Buys 200 Bitcoins as the Digital Currency Becomes Legal Tender -
"El Salvador became the first country to adopt bitcoin as a national currency, kicking off a radical monetary experiment that could pose risks to...more
9/15/2021
/ Apple ,
Artificial Intelligence ,
Bitcoin ,
Blockchain ,
Climate Change ,
Coronavirus/COVID-19 ,
CRISPR ,
Cryptocurrency ,
Cyber Attacks ,
Cybersecurity ,
Distributed Ledger Technology (DLT) ,
El Salvador ,
Ethereum ,
Facial Recognition Technology ,
Federal Trade Commission (FTC) ,
Food and Drug Administration (FDA) ,
GAO ,
Government Agencies ,
Kim Kardashian ,
Medical Devices ,
Popular ,
Privacy Concerns ,
Smart Contracts
China Passes Major Data Protection Law as Regulatory Scrutiny on Tech Sector Intensifies -
A final version of the law has not been published but a previous draft included rules around requiring consent for data protection...more
9/2/2021
/ Apple ,
Biometric Information ,
Bitcoin ,
Blockchain ,
China ,
Cybersecurity ,
Data Collection ,
Data Protection ,
Data Security ,
Distributed Ledger Technology (DLT) ,
Fitbit ,
Food and Drug Administration (FDA) ,
International Data Transfers ,
Medical Devices ,
TikTok
The T-Mobile Data Breach is One You Can’t Ignore -
"Hackers claim to have obtained the data of 100 million people—including sensitive personal information."
Why this is important: Earlier this week, reports began...more
8/18/2021
/ Artificial Intelligence ,
Biden Administration ,
Biometric Information ,
Biometric Information Privacy Act ,
Bitcoin ,
Cryptocurrency ,
Cybersecurity ,
Data Breach ,
Data Privacy ,
Data Protection ,
Hackers ,
Insurance Industry ,
Robocalling ,
Trademarks
Bye-Bye, Bitcoin: It's Time to Ban Cryptocurrencies -
"International banking officials say cryptocurrencies such as bitcoin are speculative assets, not sustainable, usable money."
Why this is important: This opinion piece...more
8/5/2021
/ 3D Printing ,
Big Tech ,
Biometric Information ,
Biotechnology ,
Bitcoin ,
Blockchain ,
China ,
CRISPR ,
Cryptocurrency ,
Department of Energy (DOE) ,
Digital Currency ,
Facial Recognition Technology ,
Food and Drug Administration (FDA) ,
Novartis ,
Patents ,
Personal Information ,
Supply Chain ,
Technology Sector ,
USPTO
Mobile Payment App Complaints are Surging as More Americans Go Cashless -
"Top complaints include trouble with digital wallets, scams and customer service issues."
Why this is important: Roughly four in five Americans...more
Humana Sued Over Wrongful Records Access Data Breach -
"Louisville, Ky.-based Humana is being sued over a data breach last fall that exposed the personal information of about 65,000 of its health plan members, according...more
Digital Dollar Project to Launch Five U.S. Central Bank Digital Currency Pilots -
"A partnership between Accenture and the Digital Dollar Foundation, the Digital Dollar Project was created last year to promote research...more
5/12/2021
/ Biometric Information ,
Biometric Information Privacy Act ,
Bitcoin ,
Blockchain ,
Coronavirus/COVID-19 ,
CRISPR ,
Cryptocurrency ,
Digital Assets ,
Digital Currency ,
FinTech ,
Non-Fungible Tokens (NFTs)
Supreme Court Rules in Google’s Favor in Copyright Dispute with Oracle Over Android Software -
After the Supreme Court's April 6 decision in Google LLC v. Oracle America, Inc., 141 S.Ct. 1183 (2021), the computer software...more
4/21/2021
/ Biotechnology ,
Bitcoin ,
Coinbase ,
Computer Programmers ,
Consumer Financial Products ,
Consumer Privacy Rights ,
Copyright ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Currency ,
Federal Trade Commission (FTC) ,
FinTech ,
Google ,
Hackers ,
Initial Public Offering (IPO) ,
Java ,
Non-Fungible Tokens (NFTs) ,
Oracle v Google ,
Software ,
Startups ,
State Privacy Laws
Jones Day Hit by Data Breach as Vendor Accellion Hack Widens -
"Jones Day is the second major law firm in two weeks to have private data exposed as a result of a breach at Accellion, which provides file transfer and other...more
Texas Governor Abbott Working on Legislation to Prevent Social Media Platforms from 'Canceling Conservative Speech' -
"Section 230, a provision in the Communications Decency Act, currently protects social media companies...more
The Possible Xinjiang Coal Link in Tesla’s Bitcoin Binge -
"The main draw is the cheap power needed to run the computers that perform the complicated equations for so-called 'Proof of Work' that confirm transactions...more
New Tribunal Created for Unauthorized Streaming Services -
On December 21, 2020, Congress passed the Copyright Alternative in Small-Claims Enforcement Act of 2020 and a law on penalties for certain digital transmission...more
1/20/2021
/ Biden Administration ,
Biometric Information ,
Bitcoin ,
Coronavirus/COVID-19 ,
Criminal Investigations ,
Cryptocurrency ,
Cybersecurity ,
Data Collection ,
Facial Recognition Technology ,
Governor Cuomo ,
Iran ,
Law Enforcement ,
Nanotechnology ,
Technology Sector ,
Trade Relations
VIDEO: Cryptocurrency - Legitimate Uses and Potential Issues -
Following the recent publication of the U.S. Attorney General's cryptocurrency enforcement framework, Spilman attorneys Corey Bonasso and Nick Mooney discuss...more
11/11/2020
/ Anti-Money Laundering ,
Attorney General ,
Authoritarian Regimes ,
Bitcoin ,
BitMEX ,
Breach of Contract ,
Coronavirus/COVID-19 ,
Cryptocurrency ,
Cyber Attacks ,
Cyber Crimes ,
Data Breach ,
Deep Fake ,
Digital Currency ,
FinCEN ,
Food and Drug Administration (FDA) ,
GitHub ,
Hong Kong ,
Intellectual Property Protection ,
OCC ,
Patent Infringement ,
Risk Management ,
Saudi Arabia ,
Travel Rule ,
Virtual Currency
How Virginia’s 2020 Fairness in Lending Act Reforms Small-Dollar Loans -
"The law closes regulatory loopholes, caps interest rates, and provides lessons for other states."
Why this is important: Earlier this year, the...more
11/4/2020
/ Bitcoin ,
Consumer Financial Products ,
Distributed Ledger Technology (DLT) ,
Financial Services Industry ,
FinTech ,
Lenders ,
Loan Forgiveness ,
Mortgage Lenders ,
Payday Loans ,
Small Dollar Lenders ,
Student Loans
Crosmun v. The Trustees of Fayetteville Technical Community College Provides Much Needed Guidance to NC Courts on How to Properly Craft eDiscovery Protocols -
The Court of Appeals decision in Crosmun is important because...more
8/21/2020
/ Artificial Intelligence ,
Attorney-Client Privilege ,
Biometric Information ,
Biometric Information Privacy Act ,
Bitcoin ,
California Consumer Privacy Act (CCPA) ,
Childrens' Lawsuits ,
China ,
Class Action ,
Cryptocurrency ,
Data Breach ,
Data Harvesting ,
Data Privacy ,
Discovery ,
Doctor-Patient Privilege ,
e-Discovery Professionals ,
Electronically Stored Information ,
Encryption ,
Ethereum ,
Executive Orders ,
Facebook ,
Facial Recognition Technology ,
Federal Crimes ,
FinTech ,
Hackers ,
Instagram ,
Legislative Agendas ,
Macy's ,
Mobile Payments ,
National Security ,
Proposed Legislation ,
Startups ,
TikTok ,
Trump Administration ,
Zoom®
Dispute is heating up over IRS’s attempts to get personal information about users of Bitcoin and other virtual currencies.
Last November, the Internal Revenue Service (“IRS”) filed a petition in the United States...more
1/26/2017
/ Bitcoin ,
Customer Lists ,
IRS ,
John Doe Investigation ,
Mootness ,
Motion To Intervene ,
Motions to Quash ,
Popular ,
Subpoenas ,
Tax Evasion ,
Virtual Currency
To most people, the concept of digital currencies is synonymous with the name Bitcoin. However, hundreds of digital currencies exist. In fact, WorldCoinIndex.com tracks 445 currencies, and CoinMarketCap.com tracks 732....more
10/17/2016
/ Anti-Money Laundering ,
Bank Secrecy Act ,
Banking Sector ,
Banks ,
Bitcoin ,
Blockchain ,
Consumer Financial Protection Bureau (CFPB) ,
Digital Currency ,
Financial Services Industry ,
Popular ,
Risk Assessment ,
Security
Virtual currencies are once again at the forefront of discussion about top issues facing community banks and the financial industry as a whole. The Independent Community Bankers of America (“ICBA”), a trade association...more