China's new rules on military content sharing impose tighter guidelines on what can be posted online. The rules mandate platforms to follow official sources, banning misinformation while promoting government-approved perspectives on national defence, history, and military achievements.
Face recognition biometric attendance systems are transforming attendance tracking across industries, improving efficiency and accuracy. From corporate offices to remote teams, these solutions streamline processes while they must ensure compliance with privacy regulations.
Italy has enforced new rules requiring digital devices to support parental control apps, ensuring parents can monitor children's online activity. The law also prevents companies from using collected data for advertising or profiling, strengthening privacy protections.
ASIC has filed a lawsuit against Binance Australia Derivatives, alleging client misclassification, regulatory non-compliance, and inadequate consumer protections. The case highlights significant failures, including lack of disclosures, dispute resolution mechanisms, and employee training.
The Australian Securities and Investments Commission (ASIC) has launched legal action against Oztures Trading Pty Ltd, operating as Binance Australia Derivatives, for alleged breaches of Australian financial services laws.
Announced on 18 December 2024, the lawsuit shines a spotlight on the operations of one of the world’s largest cryptocurrency platforms and its compliance practices in Australia.
The U.S. Securities and Exchange Commission has launched a Crypto Task Force to develop clear regulatory guidelines, streamline registration processes, and coordinate with federal agencies. This initiative aims to balance innovation with strong investor protection measures.
Hong Kong’s Securities and Futures Commission has introduced new cybersecurity and asset protection circular for virtual asset trading platforms. The guidelines mandate strong security monitoring, asset segregation, and due diligence to enhance compliance and consumer protection.
Sarcuni v bZx DAO (2023) explores liability within Decentralised Autonomous Organisations (DAOs), highlighting legal challenges in defining DAO membership as a general partnership and addressing security negligence in crypto protocols leading to substantial financial losses.
Thailand’s SEC has proposed new advertising rules for digital asset businesses. The draft amendments focus on improved warning messages, clearer social media standards, and responsible advertising practices to facilitate investor protection and transparency in the growing digital asset market.
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