legal

Common legal phrase. Lawful action, such as an agreement consciously agreed to by two or more entities, establishing lawful accountability. For example, an apartment lease legally binds the lessor and the lessee.

Contentious Bitcoin Tax Reporting Plan Awaits Biden’s Signature

Contentious Bitcoin Tax Reporting Plan Awaits Biden’s Signature
Contentious Bitcoin Tax Reporting Plan Awaits Biden’s Signature
November 09, 2021  |  Cryptocurrency

A new cryptocurrency tax reporting mandate is expected to become law once President Joe Biden signs the measure, according to a Monday (Nov. 8) report...

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Report: Amazon Hopes to Settle EU Antitrust Cases
Report: Amazon Hopes to Settle EU Antitrust Cases
November 09, 2021  |  ANTITRUST

Amazon wants to settle a pair of antitrust probes in the EU in hopes of avoiding steep fines and directives to alter its business practices,...

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Apple Updates App Store Guidelines to Allow Communications Outside App
Apple Updates App Store Guidelines to Allow Communications Outside App
October 24, 2021  |  Apple

Apple has updated its App Store guidelines to allow developers to communicate with their customers outside of the app, 9to5Mac reported Friday (Oct. 22). Get...

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Bipartisan Momentum Driving Big Tech Legislation
Bipartisan Momentum Driving Big Tech Legislation
October 19, 2021  |  Legal & Regulation

Lawmakers on both sides of the aisle are backing legislation to reel in Big Tech firms and institute content restraints, aiming to deter the spread...

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NY Crypto Lending Crackdown Targets Five Platforms
NY Crypto Lending Crackdown Targets Five Platforms
October 18, 2021  |  Cryptocurrency

New York has ordered two cryptocurrency lending platforms to cease activities and warned three others to hand over information about how their businesses operate, New...

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Congress’ Letter to Amazon Questions Statements Made Under Oath
Congress’ Letter to Amazon Questions Statements Made Under Oath
October 18, 2021  |  Legal & Regulation

Five members of Congress sent a letter to Amazon CEO Andy Jassy asking for proof regarding some statements made by company executives — including then-CEO...

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Tether Must Pay $41M After Misleading Customers About Stablecoin Backing
Tether Must Pay $41M After Misleading Customers About Stablecoin Backing
October 17, 2021  |  Cryptocurrency

Stablecoin platform Tether will pay $41 million after the Commodity Futures Trading Commission (CFTC) said the company misled customers and potential buyers for almost three...

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Google’s DeepMind Facing Suit Over UK Health Data
Google’s DeepMind Facing Suit Over UK Health Data
October 14, 2021  |  Legal & Regulation

A Google-owned artificial intelligence (AI) research firm is facing a class-action lawsuit over its use of the health records of 1.6 million patients in the...

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