Currently viewing the tag: "bitcoin"

Silk Road Recap

On March 10, 2015 By Michael Griffin

One month out, commentators are still digesting the conviction of Silk Road creator Ross Ulbricht. The case raises questions about the government’s investigations tactics, the lawyers’ trial strategies, and the broader implications for privacy, the internet, and the public.

As the JETLaw Blog previously reported, the Silk Road was intended to be a decentralized [...]

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Councilman Mark Levine (D-Manhattan) is introducing a bill that would allow New York City to accept the digital currency Bitcoin as payment for fines and fees, including parking tickets and court fees.

Levine expressed several justifications for the bill, citing its popularity among young, tech-savvy individuals. “Today you can buy almost anything [...]

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Microsoft recently announced that it would allow its digital content to be purchased with bitcoins. The change is limited in that it only opens Microsoft’s Windows, Windows Phone, and Xbox platforms to the new payment method, there is a daily exchange cap, and only US-based customers can make bitcoin payments. This means that Microsoft [...]

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Bitcoin Education Day on Capitol Hill

On September 5, 2014 By Brenan Salgado

The newly-enacted Chamber of Digital Commerce (CDC), a bitcoin lobbying group, brought more than thirty professionals from the bitcoin industry to Capitol Hill on August 29 in an effort to spread awareness about the digital currency.

The CDC’s goal is to provide information to lawmakers and the general public about the bitcoin technology in [...]

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Is Bitcoin the “it” Coin?

On July 3, 2014 By Brenan Salgado

Bitcoin has taken the spotlight in the world of cryptocurrencies. Whether it’s Bitcoin’s name or a little beginner’s luck, this first attempt at cryptocurrency appears to be working and its first-mover advantage is paying off.

It’s acceptance as a viable digital currency seems to be growing every day. Beginning with Overstock.com in January, [...]

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Monday Morning JETLawg

On February 17, 2014 By Bradlee Edmondson

 

Surveillance & Censorship:

The Washington Post reports that documents leaked by Edward Snowden show that the NSA received intelligence from Australia’s signals intelligence division on Chicago-based law firm Mayer Brown in relation to the firm’s representation of the Indonesian government in a trade dispute. In response, Indonesia’s foreign minister Continue Reading

Debit, Credit, or Bitcoin?

On February 6, 2014 By Lizzie Maratea

Will that be debit, credit, or bitcoin? Could bitcoin become that ubiquitous? Those wily Winklevoss twins and the rest of the Bitcoin community have been working to remove the stigma of illegitimacy from the virtual currency, but they want to do so without any additional “draconian” regulation that might interfere with its spread and use. [...]

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Monday Morning JETLawg

On February 3, 2014 By Bradlee Edmondson

 

Surveillance:

Tech companies win the right to report government data requests (like national security letters) in greater detail. Rand Paul plans on taking his lawsuit against the NSA to the Supreme Court. [via The Hill] The NSA hires its first Privacy and Civil Liberties Officer. [via SANSSC Magazine]

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New York’s top banking regulators sent subpoenas to 22 digital currency firms in August to determine whether new regulations would be necessary to deal with the emergence of Bitcoin as a form of currency.

For readers unfamiliar with the virtual currency, Bitcoin is a recent implementation of “crypto-currency,” a form of digital [...]

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