legal

Common legal phrase. Lawful action, such as an agreement consciously agreed to by two or more entities, establishing lawful accountability. For example, an apartment lease legally binds the lessor and the lessee.
Binance to Seek Dismissal of SEC Lawsuit
Binance to Seek Dismissal of SEC Lawsuit
January 19, 2024  |  Cryptocurrency

Cryptocurrency exchange Binance is scheduled to go head-to-head with the Securities and Exchange Commission (SEC) on Monday (Jan. 22).  Binance had previously sought the dismissal of the SEC’s lawsuit...

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CFPB Sues Strategic Financial Solutions Over Alleged Fee Collection
CFPB Sues Strategic Financial Solutions Over Alleged Fee Collection
January 19, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) announced Friday (Jan. 19) that it has launched a lawsuit against Strategic Financial Solutions (SFS), charging it with running an...

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Report: Justice Department Considering Antitrust Lawsuit Against Apple
Report: Justice Department Considering Antitrust Lawsuit Against Apple
January 17, 2024  |  Apple

Apple is reportedly facing an impending antitrust lawsuit in the United States, with the Justice Department preparing to take on the tech giant.  The lawsuit, which could be...

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Will Letting Developers Link to Outside Payments Dent Apple’s Ecosystem Efforts? 
Will Letting Developers Link to Outside Payments Dent Apple’s Ecosystem Efforts? 
January 17, 2024  |  Apple

For Apple, the move to forge an ecosystem with services at the center has been years in the making. But now, with new payments practices...

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Coinbase and SEC Prepare for Courtroom Crypto Showdown
Coinbase and SEC Prepare for Courtroom Crypto Showdown
January 17, 2024  |  Cryptocurrency

America’s largest cryptocurrency exchange is scheduled to face the country’s securities regulator in court. And at Coinbase’s hearing on Wednesday (Jan. 17), the company will reportedly argue...

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US Lawmakers Debate $70 Billion in Tax Breaks for Businesses, Families
US Lawmakers Debate $70 Billion in Tax Breaks for Businesses, Families
January 15, 2024  |  Economy

U.S. lawmakers are engaged in discussions over a potential deal that could provide $70 billion worth of tax breaks for businesses and families.  The proposal,...

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Genesis Global Trading to Pay $8 Million Penalty, Surrender BitLicense
Genesis Global Trading to Pay $8 Million Penalty, Surrender BitLicense
January 12, 2024  |  Legal

The New York State Department of Financial Services (DFS) has announced that Genesis Global Trading will pay an $8 million penalty to the state and surrender its BitLicense.  These...

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Lawyers Who Use AI Will Replace Those Who Don’t
Lawyers Who Use AI Will Replace Those Who Don’t
January 12, 2024  |  Artificial Intelligence

In the generative artificial intelligence era, every industry will likely reap new efficiencies. Unlike previous iterations of AI, which focused on predictive or discriminative inference,...

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American Express Faces Class-Action Lawsuit on Rules for Merchants 
American Express Faces Class-Action Lawsuit on Rules for Merchants 
January 10, 2024  |  Legal

Debit card users in nearly a dozen states have been granted the ability to pursue class-action claims against American Express.  This follows a Tuesday (Jan. 9)...

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