Earlier this month, the Office of the Comptroller of the Currency (OCC) issued a new interpretive letter (Interpretive Letter 1183) confirming the types of cryptocurrency activities national banks and federal savings associations may engage in. The new interpretive guidance is part of a change in the approach of the federal […]
Technology & Intellectual Property Update
Utah’s Age Verification Law – Potential to be First for the Nation
on Monday, 24 March 2025 in
Technology & Intellectual Property Update: Arianna C. Goldstein, Editor
Earlier this month, Utah’s legislature passed SB 142, the App Store Accountability Act (the “Act”), which requires app stores to impose age verification measures on app downloads. The Act, which as of publication of this article is currently awaiting Gov. Spencer Cox’s signature, pits social media companies against app store providers, such […]
Cybersecurity Threats: Identity Attacks and Non-malicious Software
on Monday, 24 March 2025 in
Technology & Intellectual Property Update: Arianna C. Goldstein, Editor
Cybersecurity threats have become even harder to detect and prevent in 2024 according to the latest report from Crowdstrike.[1] Among the latest findings: Threat actors can move laterally across a system in under one (1) minute after gaining access to the network; Voice solicitation, or “vishing”, attacks are up over […]
New Developments in the CTA: FinCEN and the U.S. Department of the Treasury Offer Temporary Compliance Relief
on Tuesday, 4 March 2025 in
Technology & Intellectual Property Update: Arianna C. Goldstein, Editor
On February 27, 2025, the Financial Crimes Enforcement Network (FinCEN) announced that it will not impose fines, penalties, or enforcement actions against any companies for failing to file or update beneficial ownership information (BOI) reports required under the Corporate Transparency Act (CTA) by the current deadline of March 21, 2025. […]
Fintech and Payments 2025 – Predictions for the Year Ahead
on Friday, 21 February 2025 in
Technology & Intellectual Property Update: Arianna C. Goldstein, Editor
Nobody would ever accuse the life of a fintech and payments compliance specialist to be dull. The last few months of 2024 certainly lived up to this standard. The end of the year saw flurry of rulemakings and moves by banking and fintech regulators trying to clean house before the […]
