Singapore, South Africa Latest Countries to Warn Against Crypto Exchange Binance
The list of regulators warning that Binance is illegally operating in their jurisdictions continues to grow. The authorities in Singapore and South Africa have become the latest to warn that the global cryptocurrency exchange may be in breach of their local laws. South Africa’s Financial Sector Conduct Authority Warns Against Binance The South African financial regulator issued a notice Friday about Binance, stating: The Financial...
Japan’s Financial Giant SBI to Launch Cryptocurrency Fund
Japanese financial conglomerate SBI Holdings is reportedly launching a crypto fund that will invest in several cryptocurrencies. “I want people to hold it together with other assets and experience firsthand how useful it can be for diversifying portfolios,” said an executive of the company. SBI Holdings Launching Crypto Fund SBI Holdings Inc. has revealed its plan to launch a cryptocurrency fund by the end of November, Bloomberg...
Anti-Piracy Alliance Calls For a ‘Staydown’ Requirement in EU’s Digital Services Act
In recent years the European Commission has proposed and adopted various legislative changes to help combat online piracy. This includes the Copyright Directive which passed in 2019 as well as the Digital Services Act, which was officially unveiled last December. These changes have been spurred on by major copyright holders, who have long called for stricter enforcement of pirated content online. At the same time, digital rights...
Take-Two Sues Enthusiasts Behind GTA Fan Projects re3 & reVC
Earlier this year a group of programmers and Grand Theft Auto enthusiasts released ‘re3’ and ‘reVC’, a pair of reverse engineered releases of GTA 3 and Vice City. The code meant that these old but well-loved games could be enjoyed with significant improvements but the fun wasn’t to last for long. In response to the projects, Take-Two and Rockstar Games filed a DMCA notice at Github where the code was stored, requesting the removal of...
