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European Parliament Proposes Bill for Taking-Down Online Content Supporting Terrorism

The European Parliament voiced its support of a proposed regulation imposing a fine of up to 4% of an online service provider’s turnover if it does not remove terrorism-inciting content within one-hour of notification by authorities.

The proposed regulation also requires Internet service providers to take proactive measures to protect their services against the dissemination of terroristic content. The measures ...

U.S. SEC Publishes Unofficial Framework for Analyzing Digital Assets as Securities

The U.S. Securities and Exchange Commission (SEC) has published a framework for analyzing whether digital assets are “investment contracts” securities. The framework is said to present the views of its authors and is not officially recognized by the commission. However, it is meant to provide guidance on this topic.

The U.S. Supreme Court's landmark decisions in Howey from the 1940s ...

Israeli Court Rules a Bank’s Policy to Prohibit Opening Accounts for Customers Engaged in Providing Services Relating to Cryptocurrencies is Unreasonable

The Tel Aviv District Court has ruled that a bank’s policy to prohibit opening accounts for customers engaged in providing services relating to cryptocurrencies, is unreasonable. The decision was delivered in a lawsuit brought by a company that engages in Bitcoin mining against a bank branch that had closed the company’s account. The question raised before the court was whether ...

You have zero privacy; get over it

There’s nowhere to hide from the assault on privacy.  It’s what threatens modern technology-oriented life and makes it completely different from life just 20 years ago or less.

At first glance, invasion of privacy is not happening within our homes.  After all, a man’s home is his castle.  If the historic perception of privacy was a man’s right to be ...

Israeli Credit Data Law Comes into Force

The long awaited and controversial Israeli Credit Data Law, 5776-2016 has come into force on April 12, establishing an overall framework for collecting credit data into a Central Credit Register, operated by the Bank of Israel (Israel’s central bank), and providing it from there onward to Credit Bureaus that engage in credit rating assessments. 

The new law requires institutions such ...

European Parliament Approves Precedential Copyright Legislation

The European Union's Parliament has approved its controversial copyright legislation, known as the Directive on Copyright in the Digital Single Market 2016/0280, which introduces precedential copyright arrangements. 

The legislation’s objective is to ensure that the copyright rights and obligations also apply online, while striving to ensure that the Internet remains an environment for freedom of expression. One of the directive’s ...

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