DeFi is a digital financial structure, where instead of a central regulator, is a smart contract on the blockchain.DeFi implements various financial instruments, among of them the most popular are: Lending, Payment Services, Stablecoins, Decentralized Exchanges (DEX), Insurance, Prediction Markets.
Faure Walker said: “Facebook’s actions in Australia demonstrate precisely why we need jurisdictions across the globe, including the UK, to coordinate to deliver robust regulation to create a truly level playing between the tech giants and news publishers.”.
The Portuguese presidency of the EU has pitched a new text on the controversial ePrivacy regulation, focusing on the processing of communications metadata and data stored on end-user equipment, according to the latest proposal, obtained by EURACTIV.
Ricardo Monreal Avila, the coordinator of the senators of Morena, Lopez Obrador’s party, assured yesterday that the Legislative Power has an obligation to “defend” the right to freedom of expression in social networks.
A new research paper from the International Monetary Fund identified fintech trends that are coming to our world – including the formal suggestion that in the future, a person’s credit score could be determined by internet history and even the device used to access the internet.Privacy News Online is brought to you by Private Internet Access, the world’s most trusted VPN service.
Proposed FinCEN regulations on cryptocurrency transactions would create financial surveillance net.The EFF noted several potential effects of FinCEN’s proposed regulations that are categorically all results of the increased financial surveillance this regulation would bring.
India’s government has issued an order bringing the regulation of online news portals and content providers such as Netflix under the authority of the Ministry of Information and Broadcasting in a first step to regulate digital media.
As the most important outcome of the 2020 election remains in flux, voters in California and Michigan approved new privacy laws Tuesday: California’s Prop 24, which extends provisions of a 2018 privacy law, and Michigan’s Prop 2, which consolidates piecemeal orders into a requirement for police to seek search warrants before seizing electronic data.
The Government’s proposed new internet regulator will infringe free speech.The Government published the Online Harms White Paper in April 2019 and intends to put a Bill before Parliament next year.
(2) The condition is that the fingerprints or DNA profiles are retained in accordance with a national security determination that will (ignoring the effect of these Regulations) cease to have effect on a date during the period that starts with 1st October 2020 and ends with 24th March 2021.
From February 2019, EDRi met with academics, civil society organisations and representatives of the European Commission and the Parliament to better understand what type of reform was envisaged for the e-Commerce Directive.
The cases stem from a 2014 ruling in the European Court of Justice (ECJ), which found that EU citizens had the right to request search engines, such as Alphabet's Google and Microsoft's Bing, remove "inaccurate, inadequate, irrelevant or excessive" search results linked to their name.
Following up on that case, Brave has now come out with criticism and recommendations on how the failure to enact GDPR (General Data Protection Regulation) regulation has allowed Google to seize the advertising market, to the detriment of end users.
The proposed plan, as released by the European Commission this week, names no names but still makes quite clear that the biggest US tech titans—especially Facebook and Google—would be squarely in the sights of any new legislation.
The EU’s digital and competition chief has said that automated facial recognition breaches GDPR, as the technology fails to meet the regulation’s requirement for consent.Vestager told reporters that the Commission will further investigate automated facial recognition before introducing legislation, allowing member states to make their own domestic decisions in the meantime.
The commission is also investigating the GDPR compliance of dating app Tinder after concerns sparked about issues surrounding its “ongoing processing of users’ personal data”.We are fully cooperating with the Data Protection Commission, and will continue to abide by GDPR and all applicable laws”, Tinder’s parent company, Match Group, said.
The General Data Protection Regulation (GDPR) now gives Europeans the right to verify data held by individual companies, including marketing and advertising profiles.Companies can still protect their code and algorithms as business secrets, but in theory they can no longer hide personal data they generate about their users.
25, 2018.DAVOS, Switzerland — The United States needs to develop a national privacy law for personal data, in a similar fashion to what the European Union has done, the head of Salesforce said at a panel discussion at the World Economic Forum (WEF) Tuesday.
Image copyright Getty Images Image caption Facebook chief Mark Zuckerberg has said people should be allowed to form their own judgements about what politicians say in ads By contrast, Twitter opted to ban all political adverts from its platform in October.
Keeping an eye on privacy issues The EU will relaunch its deadlocked effort to more closely regulate internet phone and message services such as WhatsApp, Skype and Messenger, a top bloc official said on Tuesday.
Campaign group Who Targets Me?, which was established to monitor online political ads, has been examining how parties used Facebook before the election was called and in the first week of the campaign.
We should all be very concerned that an industry with a questionable track record on data protection, privacy and political neutrality now has access to the world’s most powerful computer.
Second, the Foursquare chief said any new law should provide greater transparency around what app makers do with location data, and give consumers the ability to opt-out.
Plans to introduce a nationwide age verification system for online pornography have been abandoned by the government after years of technical troubles and concerns from privacy campaigners.