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When filing the report, a covered entity or its authorized third party must provide the following information: A description of the ransomware attack A description of the vulnerabilities exploited and security defenses in place Information related to the identity of the perpetrator The details of the ransom payment: Date of payment Manner of payment requested (type of virtual currency or other commodity) Payment instructions Payment amount The verbatim text or screenshot of the actual… [read post]
9 Apr 2024, 6:21 am by David Klein
Consumers are able to store and transfer valuable assets, such as in-game currencies and virtual items through digital platforms. [read post]
9 Apr 2024, 1:23 am by Katelynn Minott, CPA & CEO
Budgeting as a digital nomad can be tricky, but it’s essential. [read post]
8 Apr 2024, 2:03 pm
The project is set to last four years and it is hoped by the convenors that it will have the effect of creating the impetus needed for a greater utilization of intellectual property in ways that benefit regional stakeholders.If it is to be considered that it is the policies of individual governments as far as concerns intellectual property and innovation which will drive any change in usage in any given country, it will become apparent that while the initiative to raise awareness and increase the… [read post]
8 Apr 2024, 9:00 am by Law Offices of Salar Atrizadeh
The State of California does not have specific laws addressing automated digital currency trading platforms at this point. [read post]
5 Apr 2024, 2:06 pm by Tom Smith
Now, President Milei is taking a far more pragmatic tone, saying trade relations between China and Argentina haven’t changed “one bit,” and that he had no intentions of touching an $18 billion currency swap. [read post]
5 Apr 2024, 2:44 am by CMS
It proposed settling the freight payment in Euros instead and undertook to bear any currency exchange loss resulting from the different currency. [read post]
On March 12, 2024, Acting Comptroller of the Currency Michael Hsu indicated in a speech that regulations may soon be forthcoming that would be designed to bolster larger depository institutions’ ability to withstand disruptions to their critical operations. [read post]
4 Apr 2024, 6:40 am by Jason P. Wapiennik
During inspection of the vehicle, CBP officers discovered unreported currency in the amount of $20,155. [read post]
It is envisaged that several regulated financial institutions will participate representing each of the seven currencies. [read post]
3 Apr 2024, 9:01 pm by renholding
They have variously argued that their crypto products were “currencies” and, therefore, beyond our remit; that the term “investment contract” was unconstitutionally vague and could not be applied to crypto; that their offerings were “utility tokens” not securities; that there was a “lack of fair notice” their conduct implicated the securities laws; that everything was “decentralized” and because there were no entities or… [read post]
3 Apr 2024, 11:26 am by Eric Goldman
It appears that the defendants monetize the downloads using a synthetic currency called “tokens. [read post]
2 Apr 2024, 1:27 pm by Harbir Deol
Additional laws involving the tokenization of assets and launching an official digital currency are being considered in Brazil. [read post]
1 Apr 2024, 6:34 pm by Jacob Sapochnick
As with any currency conversion, these transactions are subject to taxation. [read post]
1 Apr 2024, 9:00 am by Law Offices of Salar Atrizadeh
At the heart of this complexity lies the use of AI algorithms in digital currency platforms. [read post]
1 Apr 2024, 8:23 am by Eric Goldman
The court summarizes the allegations: Roblox has a virtual currency designed for use on its platform called “Robux. [read post]
31 Mar 2024, 9:01 pm by renholding
In recent months, the U.S. banking regulators have proposed policy statements focused on providing greater insight on the agencies’ review of bank mergers and acquisitions under the Bank Merger Act (BMA).[1] On January 29, 2024, the Office of the Comptroller of the Currency (OCC) published a notice of proposed rulemaking (OCC NPRM) to (1) amend its procedures to eliminate expedited processing and the use of streamlined application forms for bank mergers and (2) adopt a policy… [read post]
SBF
29 Mar 2024, 6:11 am
He diverted money that people invested in crypto-currency into other accounts that he- and his compatriots who all cooperated  against him- used for improper purposes like personal goods, and political and charitable donations. [read post]
28 Mar 2024, 2:55 pm by Katelynn Minott, CPA & CEO
Snapshot of expat life in Italy Population: 58.9 million Capital city: Rome Currency: Euro Official language(s): ItalianApproximate number of American expats: ~16,000 Background on the Italian visa for digital nomads As COVID-19 normalized remote work, many countries hoping to boost their economies began launching digital nomad visas. [read post]