MoFo Tech brings together legal insights and in-depth analyses on trends and complex issues shaping the global technology industry, covering fields such as blockchain and distributed ledger, cloud and SaaS technologies, driverless cars, drones, FinTech, computer hardware and software, the IoT, semiconductors, and telecommunications.
Many consumers are knowledgeable enough about cryptocurrencies to be able to identify which tokens they want to purchase, but not tech-savvy enough to know how to purchase those tokens. Businesses that can provide better instruction on token purchasing or create more user-friendly interfaces are …›
A form of economic extortion, ransomware attacks rose by 250% last year, and the United States was harder hit than any other country. Learn just how much this plague on the cybersecurity landscape is costing companies. Take a look at our ransomware infographic. …›
Delaware, the state where more than half of all U.S. publicly traded companies are incorporated, has taken steps to facilitate a favorable legal and regulatory environment for the development of blockchain technology. The state’s initiatives are designed to, among other things, enable companies to precisely …›
The U.S. Department of Transportation (USDOT) in September 2016 released a policy that affects stakeholders in the autonomous-vehicle-technology (AV technology) industry. The policy, among other things: - Requires entities that are planning to develop AV technology to submit to the …›
Acting Comptroller of the Currency Keith Noreika has expressed support for efforts by the Office of the Comptroller of the Currency (OCC) to establish national bank charters for financial technology companies. Noreika detailed his support for the efforts in remarks he made at …›
Federal banking system risks remain a “top concern” for OCC. According to its Semiannual Risk Perspective report issued July 7, 2017, national banks and federal savings associations face strategic, credit, operational, and compliance risks. As fintech companies have begun to offer traditional bank …›
The Consumer Financial Protection Bureau (CFPB) released proposed revisions to its final Prepaid Accounts Rule on June 15, 2017. The Final Rule was first published in November 2016 and later amended – delaying by six months its effective date to April 1, 2018. CFPB …›
The European Court of Justice (ECJ) issued the Filmspeler judgement on April 26, 2017, favorable to the media industry, on the liability of sellers of set-top boxes with pre-installed add-ons enabling illegal access to motion pictures, Pay-TV, and SvoD platforms (“loaded Kodi boxes”). …›
On May 19, 2017, a federal appellate court struck down part of the FAA’s attempt to safely monitor and integrate small unmanned aerial systems (sUAS) into the national airspace. The D.C. Circuit found that the FAA’s Registration Rule, which was promulgated in December 2015 …›
Based on an April 2017 opinion by a federal district court in California, storing user communications abroad is not a failsafe way to avoid U.S. law enforcement requests for user data. The Northern District of California issued the opinion in response to Google’s motion to …›