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Court finds online data collection legal under California’s Song-Beverly Act
  • Arent Fox LLP
  • USA
  • May 21 2015

A California appeals court recently held in Ambers v. Beverages & More, Inc. that retailers are permitted under state law to request customers’

Is .bank right for you? The pros & cons
  • Frost Brown Todd LLC
  • USA
  • May 19 2015

Many banks are now evaluating the pros and cons of using the new “.bank” domain. For those not already in the know, rather than continuing to use the

CFPB takes action against PayPal for allegedly signing up consumers for unwanted online credit
  • Stinson Leonard Street LLP
  • USA
  • May 19 2015

The CFPB filed a complaint and proposed consent order in federal court against PayPal, Inc. The CFPB alleges PayPal illegally signed up consumers for

Top level domain name .bank is here
  • Kane Russell Coleman & Logan PC
  • USA
  • May 18 2015

Top level domain names (such as .com) are well known. In a previous post, we discussed top level domain names and the "new frontier" that is being

Department of Justice settles virtual currency enforcement action
  • Katten Muchin Rosenman LLP
  • USA
  • May 15 2015

The US Attorney’s Office in the Northern District of California recently settled an enforcement action against Ripple Labs Inc., a Delaware

CFPB files proposed consent orders related to wireless billing practices
  • Morrison & Foerster LLP
  • USA
  • May 14 2015

On May 12, 2015, the Consumer Financial Protection Bureau (the "CFPB") filed proposed consent orders in federal courts that would settle allegations

Virtual currency exchanger Ripple Labs Inc. is first exchanger to be fined for failure to register with FinCEN as a money services business
  • Sidley Austin LLP
  • USA
  • May 14 2015

On May 5, 2015, virtual currency exchanger Ripple Labs Inc. ("Ripple Labs") and its wholly-owned subsidiary XRP II, LLC (together with Ripple Labs

Bitcoin and the like: further tax developments to monitor
  • Baker & Hostetler LLP
  • USA
  • May 13 2015

Virtual currency developments continue to emerge, including state tax guidance, a court decision on deductibility of losses, and the Uniform

New York State Department of Financial Services grants first charter to a New York virtual currency company
  • Shearman & Sterling LLP
  • USA
  • May 13 2015

On May 7, 2015, the New York State Department of Financial Services announced that it has granted a charter under the New York Banking Law to itBit

Why Bitcoin is good for law enforcement and why law enforcement is good for Bitcoin
  • Steptoe & Johnson LLP
  • USA
  • May 12 2015

Most people who've heard of "Bitcoin" know it only as a virtual currency sometimes used by criminals. But there are entrepreneurs, engineers, venture