California man sentenced to 3 years for operating unlicensed bitcoin exchange biz
Nov 21, 2021 21:03 pm UTC| Law Digital Currency Economy
Hugo Sergio Mejia of California has been sentenced to three years in federal prison for operating an unlicensed cryptocurrency exchange business that transacted $13 million worth of bitcoin and cash, often for drug...
Canadian teen arrested for allegedly stealing crypto worth $36 million
Nov 21, 2021 20:41 pm UTC| Digital Currency Law Economy
A teenager from Hamilton, Ontario has been arrested in Canada for allegedly stealing $36 million dollars worth of cryptocurrency, described as the largest crypto theft by a single person. The Canadian committed the...
China arrests money launderers who used digital yuan
Nov 17, 2021 14:55 pm UTC| Law Digital Currency Economy
China uncovered money laundering activities using similar methods to what theyd try for a debit or credit card scam but adapted for the pilot central bank digital currency (CBDC). Eleven people allegedly linked to a...
McDonald's found violating local Brazilian law over unisex toilet
Nov 16, 2021 16:31 pm UTC| Law Economy Business
A McDonalds restaurant in Brazil was ordered to install separate male and female toilets, in accordance with health regulations, after a scandal erupted over its unisex bathroom. In a viral video shot from inside the...
S. Korea eyes law revision to allow robot, drone deliveries
Nov 11, 2021 22:51 pm UTC| Law Economy Business
South Koreas Ministry of Economy and Finance will revise the Living Logistics Service Act that is limited to cargo trucks and two-wheeled motor vehicles to include drones and robots as transportation means. Under the...
Rise Brewing Co. beats PepsiCo's Lebron James-backed Mtn Dew Rise Energy in trademark case
Nov 10, 2021 23:34 pm UTC| Law Economy Business
New York-based Rise Brewing Co has obtained an injunction against PepsiCo over the latters use of the word Rise in its new energy drinks. PepsiCo rolled out Mtn Dew Rise Energy with NBA superstar LeBron James as a...
Upcoming S. Korean law to force firms to buy eco-friendly cars
Nov 09, 2021 23:00 pm UTC| Nature Law Economy
The South Korean government confirmed a legislation draft that will oblige 2,616 private companies affiliated with local conglomerates with over 5 trillion won assets each to purchase environment-friendly car...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects