Indonesia to Tighten Crypto Regulation With Stricter Rules for Exchanges
Indonesia is preparing to issue new rules to tighten the regulation of crypto exchanges. Under revised regulatory framework, two-thirds of crypto exchange directors must be Indonesian citizens residing in the country. Indonesia Plans to Tighten Crypto Regulation Indonesia is preparing to issue new rules to tighten the regulation of crypto exchanges, officials from the country’s Minister of Trade and the Commodity Futures Trading...
Iran Begins Central Bank Digital Currency ‘Crypto Rial’ Pilot Today
The Central Bank of Iran (CBI) has reportedly begun a pilot for its central bank digital currency (CBDC), also known as “crypto rial.” Iran’s chamber of commerce explained that the “crypto rial has been designed in a way that is easy to track, and even if the data on the smartphones are hacked, the crypto rial can be tracked.” ‘Crypto Rial’ Pilot Launches Today The Central Bank of Iran (CBI) announced Wednesday that it will begin “the...
Battle to Crush Iconic ‘Ethical’ Torrent Site Ends After Four Long Years
When Italy-based torrent site TNTVillage launched in 2004/2005, the BitTorrent file-sharing scene was driven by passionate people with their own unique visions, often centered around specific content niches. In many cases torrent site owners provided services that were just not offered in the legal market. Entire sites dedicated to one genre of music were common, as were downloads of movies and TV shows in specific languages or from...
YouTubers Lose Brains Over Night of The Living Dead Copyright Claims
One can only imagine the crew’s screams of pain when they discovered that a clerical error had robbed ‘Night of the Living Dead’ of its copyright protections. George A. Romero’s masterpiece opened in 1968 to audiences largely unprepared for its genius. If anything, movie distributor Walter Reade Organization was even more unprepared. The company’s failure to file for a new copyright after the movie ditched its original title ‘Night of...
Movie & Music Piracy Acceptable to a Growing Number of U.S. Households
There is little doubt that video and music streaming services have taken the Internet by storm over the past decade. An entire “on-demand” generation is growing up, and the streaming business model is generating billions of dollars in revenue. Competing With Piracy This change was spurred on by piracy. When Spotify and Netflix started their streaming services, they openly positioned themselves as piracy competitors. And indeed, in the...
