Infrastructure Bill’s New Reporting Requirements May Have Sweeping Implications for Cryptocurrency Ecosystem
On November 15, 2021, President Biden signed into law HR 3684, the “Infrastructure Investment and Jobs Act” (the “Act”), commonly referred to as the “infrastructure bill.” The Act allocates funding and other resources focused on roads and bridges, water infrastructure, resilience, internet and cybersecurity, among other areas. The 1039-page Act
The European Union lawmakers are pressuring the European Union to withhold funds to Poland due to the ruling by Poland’s Constitutional Tribunal that claims Poland’s laws and constitution have precedence over some of the European Union laws. The European Parliament condemned this ruling on Thursday. The ruling threatens to undermine
Singapore passes law to tackle ‘foreign interference,’ giving authorities the power to block internet content
Singapore has approved a law that grants broad powers to the government to deal with foreign interference, including the ability to block internet content. The law was approved by parliament earlier this week and is formally known as the Foreign Interference Countermeasures Act (FICA). FICA has sparked concern internationally and
Over the past two days, New Delhi has experienced violent clashes between supporters and opponents of a new law that fast tracks citizenship for non-Muslim minorities from particular countries. The protests have killed at least 13 people, including one police officer. The unrest erupted on Monday just hours ahead of
Last week, New York state senators proposed two bills that would ban local entities from using taxpayer money to meet ransomware demands sent by threat actor groups. The bills were proposed within two days of each other, with bill S7246 introduced on the 14th and bill S7289 on the 16th.
On Wednesday, California’s 2018 privacy law went into effect, making California the US state with the strictest privacy law. The law, The California Consumer Privacy Act (CCPA) includes implications like strict requirements for companies to notify users about data usage and monetization and requiring companies to offer tools for opting