Hong Kong issues regulatory standards for tokenized financial products

The Hong Kong Monetary Authority (HKMA) unveiled comprehensive regulatory standards on Feb. 20 for the sale and distribution of tokenized financial products by authorized institutions. The initiative aims to foster innovation while ensuring robust consumer protection within the burgeoning field of tokenization, where real-world assets (RWA) are digitally represented using distributed ledger technology or similar […]

Court blocks $1 billion copyright ruling that punished ISP for its users’ piracy

Getty Images | OcusFocus A federal appeals court today overturned a $1 billion piracy verdict that a jury handed down against cable Internet service provider Cox Communications in 2019. Judges rejected Sony’s claim that Cox profited directly from copyright infringement committed by users of Cox’s cable broadband network. Appeals court judges didn’t let Cox off […]

LockBit Ransomware Operation Shut Down; Criminals Arrested; Decryption Keys Released

Feb 20, 2024NewsroomRansomware / Data Protection The U.K. National Crime Agency (NCA) on Tuesday confirmed that it obtained LockBit’s source code as well as a wealth of intelligence pertaining to its activities and their affiliates as part of a dedicated task force called Operation Cronos. “Some of the data on LockBit’s systems belonged to victims […]

Back To Top