Crypto Industry Faces New Threat: Section 702 US Surveillance Bill Passed
The US Senate has voted to reauthorize Section 702 of the Foreign Intelligence Surveillance Act (FISA), a move that has sparked widespread debate and concern among civil liberties advocates and members of the crypto community. Related Reading: Halving Hype Debunked: Binance Founder Says Don’t Fall For This Bitcoin Myth Section 702, originally introduced as a […]
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Yesterday, the United States Senate passed the highly controversial Cybersecurity Information Sharing Act, also known as CISA. CISA is a massive blow against the tech industry as a whole and advocates of privacy. Passing by a 74-21 bipartisan vote, the bill is intended to allow companies to share information on cybersecurity threats with the government.....
The United Kingdom recently passed legislation providing the government with sweeping new surveillance powers on Internet activity, unprecedented in any Western democracy. The Investigatory Powers Bill will authorize the UK government’s mass surveillance program of online activity. This will mandate a record be kept for one year of every citizen’s Web activity, including phone metadata. All Internet service providers will be required to keep Internet connection records for their customers, and will be paid to do so by the government. Then, law enforcement will be able to request this....
Updates: This page indicates the last action was on Feb. 6, so there seems to be some confusion with regard to the passage of this. Editing title to reflect this. You can check the Examiner story that was sourced here. Working to get more info. Updates: See this link. Not terribly long ago, we wrote about a bill that aimed to make alternative currencies in the State of California legal through the amendment of Section 107 of the Corporations Code. Bill primer: This bill makes clarifying changes to current law to ensure that various forms of alternative currency such as digital currency,....
A New Hampshire bill would commit the state to a new UCC section before finalization to show its commitment to the blockchain industry. The New Hampshire House of Representatives passed a bill on Tuesday to adopt the new version of Chapter 12 of the Universal Commercial Code, or UCC, which will govern transfers of digital assets. The chapter is still in draft form, but if HB1503 is signed into law, New Hampshire will be the first U.S. state to adopt the chapter. Like the draft chapter of the UCC, the bill — titled “Exempting the developer, seller, or facilitator of the exchange of an open....
Eris Industries, which develops software that allows anyone to build secure, low-cost data infrastructure using blockchain and smart contract technology, has ordered all its staff to depart the United Kingdom due to what it calls “completely unnecessary” surveillance powers on data included in the government’s reintroduced Investigatory Powers Bill. The reintroduced bill, which was blocked previously by the Conservative government’s Liberal Democrat coalition partners, will require internet companies to give security agencies access to encrypted conversations of suspected terrorists and....