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High Court’s Ruling Ends Administrative State’s Shady Legal Work

in Newsmax on Share

Supreme Coourt’s Administrative State Ruling a Setback for SEC, FTC  A slew of recent opinions issued from the bench of the United States Supreme Court have given American consumers a handful of underreported victories. Now unshackled from “Chevron deference” thanks to the majority opinion in Loper Bright Enterprises v. Raimondo, courts will return to evaluating cases based on direct statutes issued by Congress, rather than deferring to agency bureaucrats…

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Data breach exposes pitfalls of customer identification regulations

in The Blaze on Share

A recent hack of Evolve Bank and Trust shows the unintended consequence of excessive Know Your Customer and anti-money-laundering laws. One of the most consequential bank hacks of the last few years was just revealed to the public. In a post uploaded to its website two weeks ago, the Arkansas-based Evolve Bank and Trust informed its customers that a “cybersecurity incident” involving Russian ransomware group LockBit resulted…

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The Regulatory Landscape of Bitcoin – Melanion Capital Podcast

in Bitcoin Interviews on Share

The Role Of Education In Shaping Bitcoin Policy The world of Bitcoin is not just about digital currency; it’s also about policy and advocacy. In this Bitcoin Equities Talks episode, Yael Ossowski, Deputy Director at Consumer Choice Center discusses how the Bitcoin Policy Institute is at the forefront of educating lawmakers and the public about the implications of Bitcoin. They are working on policy primers…

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Free speech platforms like ‘X’ will never pass the EU’s DSA test

in EU Tech Loop on Share

Today, the European Commission released its initial findings in the investigation into X, formerly known as Twitter, and whether it has violated the Digital Services Act since begin designated a Very Large Online Platform (VLOP) on April 25, 2023. That designation came just six months after the platform was purchased and taken private by tech mogul Elon Musk, after X had declared its over 45 million monthly EU users. The…

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Taking a bite out of MiCA, the EU’s comprehensive crypto legislation challenging the nature of decentralisation

in Bitcoin EU Tech Loop on Share

To much fanfare, European Union legislators and commissioners last year negotiated the final framework of the bloc’s cryptocurrency regulation, known as the Markets in Crypto-Assets Regulation (MiCA). On June 30 of this year, Titles III and IV came into force, stipulating the requirements for issuers of “asset-referenced tokens” (commodity basket tokens) and “e-money tokens” (stablecoins). The rest of the regulation will come into force in December 2024….

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The FTC should throw out its ‘junk fees’ rule and start over 

in The Hill on Share

Everything feels more expensive right now, and that’s because it is. Despite a notable decline from its peak of 9.1 percent in June 2022, inflation remains higher than the Federal Reserve’s 2 percent target.  Since January 2021, prices have surged by an astonishing 17.6 percent. Grocery prices today are 21 percent higher than in January 2021, and while gas prices will tick down this summer, they’re still 10 percent higher than they…

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Trial Lawyer Marketing Machine Needs a Reboot

in Inside Sources Kearny Hub Las Vegas Review Journal on Share

If you ask most Americans when it’s time to call a lawyer, the answer is no mystery: after a law has been broken, you’re forced to do so. Just as we don’t ask doctors to prescribe medicine before we’re sick, most people don’t pay for lawyers and then go commit crimes. Trial lawyers, however, might be the exception. Where there is no injury, one must…

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EU’s degrowth policies fence Europeans off from benefits of open source AI

in EU Tech Loop on Share

Last week, American tech company Meta announced in a blog post it will postpone the launch of its Meta AI product to European users. The company had hoped to offer the same product now available in other countries, integrating a personal assistant into the various suite of Meta apps, but that plan will be on hold until legal matters are settled. The pause came at the request of the Irish Data…

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