The Department of Justice (DOJ) has announced that it is forming a Cyber-Digital Task Force that will combat global cyber threats.

The Task Force will concentrate on gathering the methods that the DOJ uses to fight cyber threats and figure out ways law enforcement can combat the problem, starting with what efforts are being used

While the investment potential of cryptocurrencies, including BitCoin, has been all over the news in recent weeks, state governments have begun to explore the practical applications of blockchain – the technology underlying BitCoin.  In New York, Assemblyman Clyde Vanel introduced four bills in late November related to blockchain technology. The first, Assembly Bill 8780, would amend the state technology law to allow signatures, records and contracts secured through blockchain technology to be considered valid electronic records and signatures and further to recognize the legal validity of the use of smart contracts in commerce. This proposed legislation, recognizing legal effect to blockchain transactions and smart contracts, is similar to laws recently passed in other states, including Arizona, Nevada and Vermont.
Continue Reading Proposed Legislation in New York Would Recognize Enforceability of BlockChain Transactions and Explore Applications of Technology