How Big Tech handles privacy and governments’ data demands
When privacy is at stake, how do tech leaders respond to government demands? Take a look at the tactics of the Big Five.
When privacy is at stake, how do tech leaders respond to government demands? Take a look at the tactics of the Big Five.
Telegram has reportedly failed to improve moderation and issue a resolution over illicit content distribution after several requests from Indonesia.
Former FTX Digital Markets co-CEO Ryan Salame pleaded guilty to two felony charges in September 2023 and was sentenced to 90 months in prison in May 2024.
Macron has faced widespread and international backlash for the arrest of the Telegram founder
The Salvadoran president seemed to embrace the ”authoritarian” label while admitting that the country had not seen as many benefits from Bitcoin as he anticipated.
The proposed suspension of services came amid an ongoing feud between Elon Musk and Judge Alexandre de Moraes.
Sam Bankman-Fried faces 25 years behind bars, while the fate of four others indicted in the case has largely yet to be determined.
According to Watcher Guru, Pavel Durov, the Founder and CEO of Telegram, has been released from police custody and is now being transferred to court. The development follows his earlier detainment by French authorities, which has garnered significant attention in both tech and global news circles.
According to Odaily, the NFT marketplace OpenSea has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC). A Wells Notice is an informal warning issued by the SEC to publicly traded companies in the United States before initiating civil litigation. Companies that receive such a notice have the opportunity to communicate and negotiate with the SEC before formal litigation is filed.
According to Cointelegraph, the Reserve Bank of India (RBI) has proposed the development of a plug-and-play system to enhance interoperability in cross-border payments. This initiative aims to leverage the advancements in fast payment systems and central bank digital currencies (CBDCs) to improve efficiency in international transactions.RBI Governor Shaktikanta Das emphasized the importance of interoperability as a key design element for achieving maximum efficiency in cross-border payment systems. He acknowledged that while countries may prefer to design their systems based on domestic considerations, a plug-and-play approach could help maintain sovereignty while ensuring replicability.India has already made strides in this direction and is working towards developing such a system for the benefit of the global community. Das highlighted the need for traditional payment systems and CBDCs to be interoperable, not just within their own categories but also with each other. He noted that technical barriers could be addressed through common international standards, but the governance structure for long-term sustainability remains a challenge.Das pointed out that while wholesale markets have seen significant efficiency improvements, retail cross-border transactions still face multiple layers that add to costs and delays. He stressed the importance of ongoing initiatives and experiments in bilateral and multilateral arrangements to bring efficiency to cross-border payments, a recurring agenda for the G20 and international standard-setting bodies.India, which assumed the G20 Presidency in December 2022, has digital asset regulation as one of its key agendas. The Department of Economic Affairs is preparing a consultation paper on cryptocurrency legislation, expected to be released in September or October.