What is happening? Texas candidates for public office can receive contributions in crypto currency. Why is this important? The Texas Ethic Commission proposed rules will no longer require campaigns to immediately convert the crypto. The proposed rules as filed can be found here. How will this be important? Rules are anticipated to be adopted in […]
Monthly Archives: December 2021
COVID Effect. RI’s voluntary vaccine app.
What’s happening? Rhode Island is launching a vaccine status app that will make it easier for Rhode Islanders to travel as the CDC issued paper vaccine record is inefficient. Why is this important? Use of the app by an individual or a business is 100% voluntary. How will this be important? CA, CO, RI and […]
300% increase in Cyber Insurance Premiums
What’s happening? The Local Government Insurance Trust in Maryland, where local governments purchase insurance including cyber policies, saw a 300% in cyber insurance premiums. Premiums are expected to rise for 2022 also. The Missouri Insurance Trust saw policies drop from $1 million in coverage to $250,000 and premiums increase from $5,000 to $25,000. Why is […]
Bills to Disclose Ransomware Attacks
What’s happening? States are passing bills that require disclosure of ransomware attacks. Why is this important? To paraphrase Indiana state Rep. Mike Karickhoff, who authored his state’s legislation, if your house gets broken into, you will tell your neighbors. How will this be important? So far states are following the IN approach, requiring only disclosure […]
New Kids on the Block. Internet of Things.
What’s happening? Smart Bandages that could help improve the diagnosis and treatment of wounds by transmitting data via bluetooth, floor sensors that can transmit information about intruders or health information that can be determined by gait; and car sensors that can relay dings and damage to rental cat companies. Why is this important? Along with […]
Parsing State Crypto Enforcement
What’s happening? States are taking enforcement action against bad acting crypto currencies. Why is this important? Let’s look at the variety of ways state enforcement occurs: Attorneys general in MA & NY have issued fines and cease and desist orders Texas State Securities Board issued a cease-and-desist order for fraudulently offering cryptocurrency mining investments 30+ […]