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Israeli Bank Ordered to Provide Banking Services to Bitcoin-related Accout

The Israeli Supreme Court has granted a motion for interim injunction by Bits of Gold Ltd., enjoining Bank Le’umi Le’Israel, one of Israel’s largest and leading commercial banks, from ceasing to provide banking services to the company's bank account (which is related to Bitcoin commerce). The injunctive relief was granted for the duration of the appeal proceedings between the bank ...

U.S. S.E.C. Publishes New Guidelines on Disclosure of Cyber-Risks to Investors

The U.S. Securities and Exchange Commission (SEC) has released guidance on Public Company Cybersecurity Disclosures. The guidance provides the Commission’s views about public companies’ disclosure obligations under existing law with respect to matters involving cybersecurity risk and incidents. It also addresses the importance of cybersecurity policies and procedures and the application of disclosure controls and procedures, insider trading prohibitions ...

Fourth Circuit Clarifies Rules on ISP Liability for Subscribers' Piracy

The U.S. Court of Appeals for the Fourth Circuit has set rules clarifying the eligibility of Internet access providers for limiting their liability for copyright infringements committed by their subscribers.

 

In 2014, BMG Rights Management, a music publisher, sued Cox Communications, an Internet access provider, on the theory that Cox had knowingly ignored requests to terminate the accounts ...

A Revolution in the World of Electronic Signatures in Israel

The third amendment to the Israeli Electronic Signature Law has entered into effect and will have a significant impact on how electronic signatures can be used in Israel. According to the amendment, any electronic signature, even a simple one, can potentially comply with any legal requirements for a signature – "provided that the purposes underlying the signature requirement found in ...

Second Circuit Finds Media Monitoring Platform Not Protected by Fair Use

The U.S. Court of Appeals for the Second Circuit has held that TVEyes, Inc., a media company that continuously monitors the content of more than 1,400 television and radio channels, is not protected by the fair use doctrine, reversing the lower court’s finding of fair use and concluding that TVEyes infringes the copyrighted broadcast of Fox News Network ...

Belgium: Facebook Must Stops Collecting Data on Users Through other Websites

A Belgian court ordered Facebook to stop tracking Belgian citizens surfing the Internet, and to delete all data it unlawfully obtained on Belgian citizens who are not Facebook users. The court also ordered that if Facebook does not comply with the ruling it will face compounding fines of € 250,000 per day. The court also held that Facebook failed ...

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