A further regulation called the ePrivacy Regulation is being proposed to come into effect next year to further protect privacy in regard to electronic communications.
On the 25th May 2018 the General Data Protection Regulation came into effect to regulate data protection and data control.
A further regulation called the ePrivacy Regulation is being proposed to come into effect next year to further protect privacy in regard to electronic communications. The ePrivacy Regulation will replace the 2002 ePrivacy Directive and work in conjunction with the GDPR to ensure personal data is not misused.
The ePrivacy Regulation will also hold the same penalties as a breach of the GDPR which includes a possible fine of €20 million or 4% of annual turnover.
The ePrivacy regulation will apply to all electronic communication providers and will not just cover SMS and email but also other forms of electronic communication such as Facebook messenger, WhatsApp, Skype etc. It will protect both content and metadata.
It will prohibit any interception between electronic communications unless permitted by a Member State.
Landmark case for the inheritance of social media pages and other digital assets.Text Link
It is really not for the SEC to determine whether tokens are security; this is to be determined by legislation or for the courts to determine. To date no court has determined whether or not tokens are deemed to be securities. That said it is clear that the SEC has interpreted the matter and are finding tokens to be securities. There is a case currently ongoing in New York which may however become the first court in the world to rule on whether or not tokens are deemed to be securities.Text Link
Initial Coin Offerings (ICO's) are not just for technology companies . They are often the beginning of a digital revolution for existing Companies which are already established In their field whether it be healthcare, insurance, property or another industry. Despite some bad press, the tightening of regulation in jurisdictions such as in the US, and indeed Facebook and Twitter banning advertisements , money has been pouring into the ICO market with $3 billion raised through ICOs in the first two months of this year. This is half the value of all funds raised throughout 2017, according to Coindesk data.Text Link