Monthly Archives: May 2023

As promised, the New York Attorney General has released proposed crypto legislation, CRPTO Act. The legislation would Stop Conflicts of Interest, Require Public Reporting of Financial Statements, and Bolster Investor Protections. Investor protections include brokers would have to know essential facts about their customers, and requiring crypto brokers and marketplaces to only conduct business with […]

This week ABI Research released crybersecurity spending study that shows cyber security spending growing at a 13% compounded annual rate. Total spending by 2027 will reach $236 billion annually.

New York City is prohibiting artificial intelligence in employment decisions like hiring and promotion. Candidates have to be notified if ai is being used in the employment process, requires annual independent audits of the ai software, and companies can be fined for violations. NYTimes | A Hiring Law Blazes a Path for A.I. Regulation

New York Attorney General is calling for increased cryptocurrency transparency. The legislation will be released any day now & will have these 3 goals: reduce potential conflicts of interest, require public reporting of financial statements and improve protections for investors. Governing | New York’s Letitia James Wants Increased Crypto Transparency

Now that Montana Governor signed the statewide TikTok ban, here comes the legal battle. Free speech lawyers call it unconstitutional. Montana’s Governor went the other way and directed some state employees to bar the use of all social-media applications tied to foreign adversaries on state equipment and for state business in Montana. WSJ | TikTok […]

Last week an annual Government Social Media Conference gave rise to twitter concerns. For local government communications professionals twitter is described as a hellscape once the blue checkmark verification disappeared. With no verification, local government disinformation grows thanks to fake accounts run by bots. Governing | Government Asks: Is it Time to Pull the Plug on […]

Montana passed its statewide TikTok ban. In the legislative process the bill’s provisions providing for fines to app stores that sell TikTok was removed leaving the bill without clear enforcement parameters. The bill does place enforcement powers with the Montana Department of Justice- what they’re suppose to do… who knows…“This bill is breathtakingly obtuse in […]

So far in 2023, we’re up to 7 states that have passed  state-level consumer data privacy law like California’s. Joining California in 2023 are Iowa and Indiana which followed Colorado, Utah, Virginia, and Connecticut. Its looking like state level consumer data privacy laws, like California’s, appeals to both red and blue states. ALEC | States […]

Arkansas made exceptions to its social media for kiddos legislation by exempting the dancing social media: You Tube, the most popular social media application for kids, and TikTok. The Verge | New Arkansas bill to keep minors off social media exempts most social media platforms CNN | Arkansas governor signs sweeping bill imposing a minimum […]

California has removed a provision from its social media for kids bill that would have permitted to sue social media companies for “addictive design features,” . SB 287 (2023 | CA) Tech lobbying efforts by top trade associations for the technology industry, NetChoice, which represents Meta, Google, Amazon, TikTok and Twitter, and TechNet, which represents Meta, […]