We end this month’s blog with an overview on virtual currencies and the risks. Last month, we fleshed out our understanding of blockchain technology and the legal quandaries that surround it. This month we narrowed our focus to the specifics of one of its uses: currency. Virtual currencies have great…
Articles Posted in Technology
Virtual Currencies and Government Regulations
We have explored the emerging technology of virtual currencies, after delving into the blockchain space last month. We explored how virtual currencies are being regulated—a hitherto unclear area of law that befits our general understanding of the technology itself. After all, the blockchain was specifically designed to avoid the vicissitudes…
Virtual Currencies and Taxation
We are continuing our discussion about virtual currencies and the related issues. Because this is a burgeoning technology producing a wonderful array of blockchain innovations, regulators have struggled to determine how, or whether at all, they should regulate it. It poses an array of novel legal questions, and its economic…
Virtual Currencies and Licensing
Last month, we explored the area of law surrounding blockchain technology. Last week, we focused on a narrower realm of blockchain technology – i.e., virtual currencies. Today, we delve further into digital currencies that are adding so much value to the modern economy. Because the technology is so innovative and…
Blockchain’s Legal Issues – Part III
We have narrowed our focus on blockchain’s legal issues to cryptocurrencies. Tokenizing is a recent capital innovation and its legal landscape is hazy and nuanced at this time. This week, we will hone our focus further to shed light on this new technology, its economic and social benefits, and its…
Blockchain’s Legal Issues – Part II
Today, we continue our focus on blockchain technology and surrounding rules and regulations. It is a nascent area and the subject of much debate. Last week, we discussed the jurisdictional issues this technology poses, as well as questions of liability, contract, and intellectual property. Today, we narrow our focus to one…
Blockchain’s Legal Issues – Part I
This week our focus shifts to a topic buzzing about the modern world. We have written on numerous occasions about cryptocurrency, but we have not discussed more pointedly the technological mechanism that yields it – i.e., the blockchain. A complex, decentralized technology with the power, accuracy, and security to replace…
Facebook: Its Social Media Guidelines and Legal Issues
On April 10, 2018, Mark Zuckerberg, founder and chief executive of Facebook, took a chair beneath an array of Senators to answer for the uneasiness his company’s behavior had been giving the public. The testimony comprised a broad variety of concerns – from user privacy to election meddling, to misinformation…
Pinduoduo, China’s “Amazon.com” Faces Securities Lawsuit
Most, if not all, of our readers are familiar with e-commerce websites and related transactions. Notably, Amazon.com’s empire, as well as other forms of e-commerce such as iTunes subscription services or purchasing an e-Book are part of these transactions. In recent news, one of China’s largest e-commerce websites is being…
Technology Giants Lobbying For User Data Privacy Legislation
Do you monitor what personal information companies access and store when you visit a website? Do you wish you had more ability to know what companies do with such data? In 2018, user data privacy rights have become a major topic for discussion. Starting with Europe’s enactment of the General…