Iran bans banks from buying and selling cryptocurrencies

The ban is an extension of anti-laundering company’s ban handed in December. While Iran’s state of affairs is extra unstable than China’s, the target is probably going the identical: this might cut back the probability that anxious merchants will purchase up cryptocurrency and promote standard cash. While codecs like bitcoin have their very own problems […]

SEC prices third 'mastermind' in ICO fraud case

The SEC hopes to not solely get better any “ill-gotten gains” from Trapani (plus penalties), however to ban him from serving in an organization’s management or collaborating in some other securities buying and selling. He’s dealing with additional fraud charges from the US Attorney’s Office for the Southern District of New York, three of which […]

GSMA places eSIM work 'on maintain' attributable to US collusion investigation

All three events have thus far stated they’re cooperating with the Justice Department, though Verizon beforehand tried to downplay it by saying it was “much ado about nothing” and only a “difference of opinion” with unnamed cellphone gear makers. The know-how replaces the standard card with a chip that makes use of software program to […]

The FDA is finally doing something about the medical device security dumpster-fire

The FDA is lastly doing one thing concerning the medical gadget safety dumpster-fire

Medical gadget safety very, very, very, very, very, very, very unhealthy. The FDA is lastly taking motion to enhance it, as detailed in its newly launched Medical Device Safety Action Plan. They’re proposing the formation of a brand new public-private partnership known as the CyberMed Safety (Expert) Analysis Board (CYMSAB) that may […]

New York to research cryptocurrency exchanges

Schneiderman’s workplace additionally launched the Virtual Markets Integrity Initiative, which it describes as “a fact-finding inquiry into the policies and practices of platforms used by consumers to trade virtual or ‘crypto’ currencies like bitcoin and ether.” More individuals are investing their cash into these currencies, and Schneiderman believes that they’ve a proper to transparency and […]

5 ways Congress could regulate Facebook

5 methods Congress might regulate Facebook

Over the course of two days and 10 hours of testimony, Facebook CEO Mark Zuckerberg was grilled by members of the U.S. Senate and House of Representatives this week. While questions on the Cambridge Analytica scandal and misuse of the private knowledge of tens of hundreds of thousands of U.S. residents have been what introduced […]

Experts Sign Open Letter Slamming Europe’s Proposal to Recognize Robots as Legal Persons

Experts Sign Open Letter Slamming Europe’s Proposal to Recognize Robots as Legal Persons

Under a proposed EU regulation, humanoid robotic Paolo Pepper, created by Italy’s Luca Vescovi, may ultimately be thought-about an “electronic person.”Image: AP Over 150 consultants in AI, robotics, commerce, regulation, and ethics from 14 international locations have signed an open letter denouncing the European Parliament’s proposal to grant personhood standing to clever machines. The EU […]

Mark Zuckerberg obtained grilled by Congress. Was it value it?

Mr. Zuckerberg’s 10 hours of dodging lawmakers’ questions within the proverbial scorching seat evoked the web’s greatest memes about aliens who idiot humanity into turning into meals. The Cirque du Dystopia ambiance was enhanced by Zuckerberg’s precise seat, which was fitted with a booster cushion to make him seem taller. His wee seat definitely distracted […]

Lawmakers need extra tech firms to deal with privateness laws

“I think that as with most industries, it’s far better to be proactive than to be hauled in front of Congress,” Representative Adam Schiff (D-CA) told CNET. “And so I would encourage companies to reach out and establish a relationship and be proactive on the issues that they should be on notice now, or are […]

Airbnb faces possible fines over unregistered listings in Paris

Airbnb faces potential fines over unregistered listings in Paris

(Reuters) – The municipality of Paris has requested a French courtroom to urgently positive Airbnb and two different small corporations for unauthorized short-term letting, mentioned an official with town’s administration. A listening to at a Paris courtroom is scheduled for June 12. Founded in 2008 in San Francisco, Airbnb matches folks wishing to hire out […]