Regulating the Unregulatable: The Digital Commodity Exchange Act’s Use- Based Approach to Cryptocurrency Regulation
Becky Powell Since the creation of Bitcoin in 2008, the cryptocurrency market has grown exponentially and remained relatively free from government oversight. Only within the last five years have federal agencies begun to regulate the risks the industry poses. Their response to date, though, has been piecemeal because they lack explicit, statutory jurisdiction over the industry. As a result, the cryptocurrency market faces several risks that threaten to derail its future growth. For one, the industry is a playground for criminal activity, including everything from money laundering to fraud to cyberattacks. The market is also extremely volatile, and consumers have...
Avoid the Rainy Day: Survey of U.S. Cloud Computing Caselaw
Fernando M. Pinguelo; Bradford W. Muller Cloud computing, a computer networking model that gives users on-demand access to shared software applications and data storage, is becoming increasingly popular among businesses and individuals. For example, if you use Google’s Gmail for your email and calendaring, or Snapfish for your online photo sharing and storage; or if your business remotely stores data with a third-party server provider like Salesforce, or uses Windows Azure to create and host web applications and services, you are already “floating in a cloud.” To provide guidance to those companies working within a cloud – or those considering...
Shopping for Expedient, Inexpensive & Predictable Patent Litigation
Kevin A. Meehan Intellectual property has experienced an explosion in recent decades as the value of American corporations has become increasingly reliant on intangible assets. This explosion is reflected in the massive increase in patents issued by the United States Patent and Trademark Office (“USPTO”) and the corresponding spike in patent litigation. Moreover, patent litigation has become a high stakes game that is time consuming and unpredictable. Faced with a system of patent litigation that most people agree is too expensive, too time-consuming, and too unpredictable, plaintiffs frequently attempt to capitalize on their virtually unencumbered choice of venue to shop...
What a Local Internet Company Can Do About Legal Uncertainty in Cyberspace: A Policy Proposal on How to Deal with the International Jurisdictional, Judgment Enforcement, and Conflict of Law Problems Posed by the Internet
Javier Beltran Commissioner Mozelle W. Thompson leads the U.S. delegation to the particular committees of the Organization for Economic Cooperation and Development currently working on international e-business guidelines in their attempts to overcome “the differences between many European countries’ systems of law and our own […] in developing consensus of difficult issues like choice of law and jurisdiction.” Accordingly, for the purposes of this very presentation, this project will first focus specifically on what domestic internet companies should know about jurisdiction, enforcement of judgements, and conflict of law issues in cyberspace when a dispute arises outside of the contractual sphere....