On August 1, new rules for crypto mining will come into effect in Louisiana, United States, an entity where the use of central bank currencies or CBDCs was prohibited.

The state of Louisiana announced new regulations according to which “the adoption and use of any CBDC is prohibited, even if issued by the FED or any federal agency. It also prohibits residents and businesses from participating in tests with these assets.”

In this sense, residents must comply with the regulations for cryptomining, an activity that is prohibited for foreigners, with a period of one year to close their operations. If they do not comply with the provisions, they will be subject to “legal action by the local prosecutor’s office with penalties of up to USD 1 million or 25% of the value of the operators’ assets.”

The new law that will govern in Louisiana is part of the Blockchain Basic Law at the state level and allows trading in cryptocurrencies. “People and companies are free to use digital assets to pay for legal goods and services, as well as to use specialized hardware or software for their custody.”

“As for crypto mining activities, the law allows residents to conduct these types of activities in their homes as long as they do not violate noise regulations,” but they must be US citizens.

Companies that are in the crypto mining market must stick to industrial zones under local ordinances. Authorization includes operating nodes or participating in staking systems.

M.Pino

Source: diariobitcoin

(Reference image source: Unsplash+, in collaboration with Planet Volumes)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram

La entrada State of Louisiana prohibits use of CBDC apareció primero en Bitfinance.

The WhatsApp messaging platform has been updated and with it a new requirement is imposed on users: the full date of birth.

These data will allow us to verify that users meet the stipulated minimum age. According to the announcement about this measure, people must indicate the day, month and year of birth and there will be no possibility of modifying it later.

This request seeks to comply with “US legislation that requires applications to verify the age of their users.” It is the main reference known about Meta’s decision in this regard.

Among the details of this announcement, it was learned that the date of birth data can only be entered once and will not be seen by other users.

M.Pino

Source: iproup

(Reference image source: Dimitri Karastelev in Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram

La entrada WhatsApp now requests the age of users apareció primero en Bitfinance.

WhatsApp is developing a new feature to protect user privacy, which consists of blocking screenshots of profile photos.

The feature is available in version 2.24.4.25 for some Android beta users, and is expected to roll out to more users in the coming weeks. The feature will allow users to prevent others from taking screenshots of their profile photos, which could prevent identity theft or harassment.

The aforementioned capture blocking function is added to other privacy measures

To activate the feature, users will need to go to WhatsApp privacy settings and select the option to block screenshots of profile photos. This way, when someone tries to take a screenshot of a profile photo, they will see a warning message preventing them from doing so.

The function of blocking screenshots of profile photos joins other privacy measures that WhatsApp has recently implemented, such as disappearing mode, which allows you to send messages that are automatically deleted after a while, or two-way verification steps, which reinforces the security of the account.

Taken and with information from DobleLlave

(Reference image: Adem AY on Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram

La entrada WhatsApp will prevent screenshots of profile photos apareció primero en Bitfinance.

This Monday, it was learned that the European Commission opened an investigation into TikTok to verify that it complies with the rules for the protection of minors and transparency in content moderation.

In September 2023, the Community Executive asked the video platform for information on these aspects. However, it has now decided to open a formal investigation.

As background for the measure, it is important to remember that last year the EU approved the law that forces large Internet companies to guarantee that their algorithmic systems do not display content harmful to users.

In connection with this regulation, the authorities also seek to clarify to what extent the platform generates behavioral addictions through its algorithms.

“Brussels points out that it must be studied to counteract the potential risks for the exercise of the fundamental right to the physical and mental well-being of personnel, respect for the rights of minors, as well as its impact on radicalization processes.

The protection of children and adolescents is a priority for the EU Digital Services Directive (DSA).

M.Pino

Source: elconfidencial

(Reference image source: Florian Schmetz at Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram

La entrada Brussels opens investigation into TikTok over child protection apareció primero en Bitfinance.

The European Chamber gave the green light to new regulations that will revolutionize the financial sector in the European Union (EU). These measures, adopted by a strong vote of 599 in favor, 7 against and 35 abstentions, will force banks and payment providers to process euro transfers in less than 10 seconds, offering these instant payments at the same price as traditional transfers.

Michiel Hoogeveen, the Dutch MEP responsible for the dossier, stressed the importance of this decision for consumers and businesses, noting that it eliminates the waiting of several working days to access funds. In a statement, he hailed the benefit of transferring money in a matter of seconds at any time of day.

The new regulations ensure that instant transfers are processed immediately, regardless of when they are made, ensuring that the money reaches the recipient in less than ten seconds. In addition, the payer must receive a notification within this period confirming the execution of the transfer.

These regulations also stipulate that the cost of instant transfers may not exceed that of normal euro transfers, both to the sender and to the receiver.

In terms of security, measures will be implemented to improve fraud detection and prevention, preventing funds from being misappropriated by mistake or fraud. Payment providers shall provide customer verification services free of charge, and in the event of discrepancies between the name of the sender and the holder of the receiving account, corrective action, including compensation for financial loss, shall be taken.

In addition, banks and payment providers should verify whether their customers are sanctioned or subject to anti-money-laundering and anti-terrorist financing measures.

Once in force, EU countries will have one year to implement these new rules, marking a milestone in the facilitation of financial transactions in the region.

K. Tovar

Source: Bancaynegocios

(Reference image source: Ibrahim Boran at Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram

La entrada EU to demand that transfers in Europe be immediate apareció primero en Bitfinance.

The new regulations that will govern the trading of digital assets in the United Kingdom will come into force on October 8. The Financial Conduct Authority (FCA) has stressed that companies that do not adhere to the rules will face penalties of up to two years in prison.

The regulatory body establishes that October 8 is the deadline for all crypto companies to be registered in its financial promotions’ regime.

The FCA has made all the pertinent calls and contacts with crypto companies in order for them to comply with the new regime of financial promotions in the country.

By the deadline, all companies in the crypto sector must have their regulatory permits after having completed the necessary procedures before the FCA.

The entity clearly establishes that “in the event of refusing to comply, those responsible for the crypto companies in question will resort to a criminal offense”, with a penalty of two years in prison.

Also, according to the FCA, the requirements that companies must meet to legally offer cryptocurrencies in the United Kingdom can be summarized in four: “first, an authorized person communicates the promotion to potential investors; second, an unauthorized person communicates the promotion, but an authorized person finally approves it; third, an FCA-registered crypto business communicates the promotion to any potential investors, and the latter option facilitates the promotion by fulfilling the conditions of an exemption in the Financial Promotion Order.”

Any promotion made outside the rules “will be in breach of section 21 of the Financial Services and Markets Act 2000 (FSMA), which could also mean up to 2 years in jail, a fine or both.”

M.Pino

Source: bitcoin.es

(Reference image source: Amjith S, Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram

La entrada UK will apply new crypto regulation in October apareció primero en Bitfinance.

Twitch announced that it will block all those users who share false information or ‘fake news’ regularly through the platform in order to protect other users from dangerous content. This was reported by the company through a statement in which it indicated that it had updated the rules of use in its section referring to the Policies of ‘spam’, scams and malicious conduct.

The information refers to the rule related to the limitation of false news that its content can “cause significant damage if allowed on the service.” In addition, the platform reported that it made alliances with “more than a dozen researchers and experts to understand and appreciate how misinformation spreads, as well as the user profiles responsible for it.”

The result of this alliance has made it possible to determine the characteristics and profiles of users who share this type of information on the network, identifying three main criteria.

The first is related to the frequency of sharing information, verifying that they persistently share erroneous information. The second criterion is linked to topics, noting that they do so on “widely refuted disinformation” topics, while the third criterion is linked to the distribution of “harmful information, such as conspiracies that promote violence.”

Twitch: Focused on user health

The company, in its statement, stated that it will use these criteria to especially analyze misinformation about health and conspiracies related “to dangerous treatments or Covid-19, as well as disinformation promoted by conspiracy networks linked to violence, among other recurrent topics.”

“We have selected these criteria because, taken together, they create the greatest risk of harm, including inciting harm in the real world,” and said it would only block users who meet those three criteria.

Twitch also indicated that it will continue to take action on misinformation targeting specific communities in accordance with the “Harassment and Hateful Conduct Policy” and will continue to adjust security conditions according to misinformation trends and misbehavior.

On the other hand, the platform urges the members of its community to report users who engage in the activity of placing in danger to the rest of the community members through an email indicating the name of the account and any evidence that supports the complaint.

M. Rodríguez

Source: europapress.es

La entrada Twitch will block users who share false information apareció primero en Bitfinance.