The Federal Trade Commission is one of the main venues for government regulation of big tech and its wares. Alpha Photo/Flickr, CC BY-NC Anjana Susarla, Michigan State University It’s not surprising that technology regulation is an important issue in the 2024 U.S. presidential campaign. The past decade has seen advanced technologies, from social
by Santiago Villa for Global Investigative Journalism Network • October 9, 2023 Criminal activity tends to thrive where state oversight is weakest, so it’s no wonder that cryptocurrencies are the financial tool of choice for criminals around the world. Although the percentage of criminal transactions in crypto compared to the percentage of transactions
The EU-Parliament passed a law to regulate cryptocurrencies like Bitcoin more strongly. The new regulation will protect consumers from losses, and it will make money laundering and terrorist financing more difficult. In addition, providers are to be held liable in the event of massive losses. With the new law, Europe wants to end
China bans cryptocurrencies. The Central African Republic is making Bitcoins a legal tender. Meanwhile, the EU failed to require the crypto industry to be more sustainable: Conservatives and the Right prevent the paragraph demanded by the Social Democrats. The world is divided on how to deal with cryptocurrencies like Bitcoin. Proponents point to
Bitcoin: China’s crackdown isn’t enough – only a global effort can stop crypto’s monstrous energy demand Peter Howson, Northumbria University, Newcastle Huge concrete data centres, permanently plugged into power plants and telephone exchanges, maintain much of online life. But the infrastructure behind internet-based cryptocurrencies such as bitcoin, dogecoin and ethereum is more like