The Digital Operational Resilience Act (DORA), which took effect on January 16, 2023, is a crucial piece of legislation designed to bolster the digital resilience of the financial sector. It aims to ensure that financial entities can continue to operate through severe operational disruptions by
August 15, 2024The recent approval of a bill by the U.S. House of Representatives to curb the misuse of digital assets marks a significant milestone in the evolving landscape of cryptocurrency regulation. Aimed at strengthening national security and safeguarding digital assets, this bill proposes the creation of
July 29, 2024The U.S. House of Representatives has recently passed the Financial Technology Protection Act, a piece of comprehensive legislation aimed at addressing illicit finance activities using digital assets. As digital technologies evolve, so do the methods of illegal financing, necessitating a proactive
July 29, 2024In a trailblazing legislative move, Rep. Nancy Mace has recently tabled a bill aimed at ramping up security operations across U.S. borders using blockchain technology. Recognizing the potential for such technology to revolutionize border security, the bill specifically commands the Secretary of
May 7, 2024The UK's Ministry of Justice is embroiled in a complex legal challenge following a significant Supreme Court ruling. The debate centers around the newly proposed Litigation Funding Agreements (Enforceability) Bill, igniting controversy within the legal sector. Critics of the Bill fear it
April 23, 2024The concept of a Central Bank Digital Currency (CBDC) in the United States has sparked intense debate. The Federal Reserve has admitted to researching the viability of a digital dollar, considering it an extension of its mandate to ensure stable and efficient payment systems. However, despite
March 21, 2024