The German Federal Court of Justice recently clarified online platforms' liability for user-generated content, ruling platforms aren't directly liable without knowledge but must act swiftly upon notification, significantly impacting digital service providers across Europe.
Australia’s eSafety Commissioner ordered Telegram to pay AUD 1 million for ignoring transparency obligations. Officials requested details on terrorist and child sexual content steps, but Telegram delayed months, triggering enforcement under the Online Safety Act.
On 28 February 2025, Japan’s Cabinet announced significant plans to introduce a Bill to promote research, development, and practical application of artificial intelligence technologies. The legislation focuses on transparency, protection of rights, and international cooperation.
Innovators from California and Texas have secured a patent for a pioneering blockchain system that enhances cryptographic key security, a critical advancement in protecting digital transactions.
Michael J. T. Chan, Sean R. Embry, Derek A. Chamorro, Anuj Kaul, Sahil Chadha, and Nikhil Firke have developed a "Traceable Key Blockchain Ledger."
It involves generating the first blockchain block for a cryptographic key, incorporating metadata about its origin.
The invention, detailed in a U.S. Patent & Trademark Office abstract, focuses on key management through a blockchain system.
Subsequently, a second block is created for the first transaction using the key, linked to the first block and modified to include transaction details.
This patent application number is 18219144, filed on 7 July 2023 and granted on 9 April 2024.
European Central Bank expands distributed ledger settlement possibilities by linking these transactions with central bank money. This approach seeks to promote a secure foundation for tokenised trading, while opening pathways for cross-border and foreign exchange operations.
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.
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.
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