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Email: rl (at) robertlink (dot) org.
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Virtual- crypto- and related "currency" Under Scrutiny
Fri Jul 3 21:16:55 UTC 2015
United States regulators, from the SEC to New York Department of Financial Services are looking closer at bitcoin and related technologies. The rough countours of the issue seem to be consumer protection and market regulation, on the one side, and efficiencies of reduced transaction costs, in the Coasian sense of the term, on the other. In the middle, of course, are the many individuals and establishments already accepting these new forms of payment.
suggested links:
- http://www.gibsondunn.com/publications/pages/Developments-in-Virtual-Currency--Regulation--Enforcement-Actions-Gain-Momentum.aspx
- http://www.cooley.com/70734
- http://www.banklawmonitor.com/2015/03/why-banks-should-care-about-bitcoin-and-new-yorks-proposed-virtual-currency-regulation/
- https://www.eff.org/deeplinks/2014/10/beware-bitlicense-new-yorks-virtual-currency-regulations-invade-privacy-and-hamper
Cosian transaction costs explained:http://lsolum.typepad.com/legal_theory_lexicon/2003/09/legal_theory_le_1.html
Visa Follows Mastercard at Cook County Request
Thu Jul 2 02:22:08 UTC 2015
Visa will join Mastercard in a ban of backpage.com, on request from Cook County, Illinois, law enforcement. A quick search finds articles suggesting backpage is too permissive with ads which may implicate sex-trade or human-trafficking, and by cutting ties with backpage credit card companies thereby assist, however indirectly, law enforcement efforts to curtail same.
suggested search: visa mastercard backpage cook county
Kimble v Marvel Proposed at BHBA
Thu Jul 2 00:38:08 UTC 2015
I have proposed a panel for the Beverly Hills Bar Association, to discuss the Kimble v Marvel(pdf) case recently decided at the United States Supreme Court. More details as they become available.
relaunch
Thu Jul 2 00:37:03 UTC 2015
Email: rl (at) robertlink (dot) org.
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