Tag Archives: regulate

[unable to retrieve full-text content]Australia to amend law to regulate digital payments like Apple, Google Pay  Yahoo Finance Source link

The world’s largest public holder of Bitcoin called on regulators to finally tackle a laundry list of risky, immature crypto industry practices, or “parade of horribles”, that are unfairly weighing on the price of its asset. Microstrategy CEO Michael Saylor argues the over 19,000 cryptocurrencies and digital tokens in circulation must be viewed as “unregistered securities” that cannot be likened to a hard commodity like Bitcoin—which has no issuer, no management, no employees, no… Source link

Sen. Mike Lee of Utah is poised to introduce legislation that would forbid Google and other tech giants that build and operate digital advertising exchanges from owning the tools that help buyers and sellers of online advertising. Not only is this bad policy, but it is based on the faulty premise that advertising markets are analogous to securities markets. Behind the proposed legislation is the argument, put forward by some legal scholars, that Google… Source link

Sen. Mike Lee of Utah is poised to introduce legislation that would forbid Google and other tech giants that build and operate digital advertising exchanges from owning the tools that help buyers and sellers of online advertising. Not only is this bad policy, but it is based on the faulty premise that advertising markets are analogous to securities markets. Behind the proposed legislation is the argument, put forward by some legal scholars, that Google… Source link

While U.S. lawmakers have offered at least a dozen overlapping bills to regulate their own stock trades, it wasn’t until Thursday that a senator detailed plans for a final push to pass the legislation this year. “We need to be able to come back two weeks from now and have a consolidated vision in the Senate,” Sen. Jeff Merkley (D-OR) said of work to be done during the upcoming Easter recess. “Otherwise we are going to miss this opportunity.” With election season right around the corner, he… Source link

The chief executives of six major cryptocurrency companies made their Washington debut on Wednesday, broadly embracing regulation amid explosive growth in digital currencies — even as they pushed back against the idea that old securities laws will work in the emerging space. Testifying before the House Financial Services Committee for nearly five hours, executives from Coinbase, Circle, FTX, Bitfury, Paxos, and Stellar Development Foundation fielded questions from lawmakers on understanding… Source link

The Australian government has shown that people want big, bold action against the tech companies. With the stroke of a pen, the Biden administration can bring competition to the search engine market. Opening up Google’s web index is how the United States can catch up in the international race to regulate Google. Zack Maril is the founder of the Knuckleheads’… Source link