Reuters news

Libra cryptocurrency must meet tough regulatory standards-U.S. Treasury

BERN (Reuters) - The Facebook-led Libra cryptocurrency project must meet the highest standards for combating money laundering and terrorism financing, a senior U.S. Treasury official said on Tuesday. Any cryptocurrency project, including Geneva-based Libra, operating in all or substantial parts of the United States will
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International Data Privacy Laws

51 companies tell Congress it’s time to tackle data privacy

Amazon, AT&T and Qualcomm are among those involved The corporate world isn't waiting around for Congress to get started on tougher data privacy laws. A group of 51 CEOs from the Business Roundtable advocacy group, including tech companies like Amazon, AT&T, IBM, Motorola and Qualcomm,
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Vice

DMVs Are Selling Your Data to Private Investigators

You gave them your data in exchange for a driver’s license. DMVs are making tens of millions of dollars selling it, documents obtained by Motherboard show.

Departments of Motor Vehicles in states around the country are taking drivers’ personal information and selling it to thousands of businesses, including private investigators who spy on people for a profit, Motherboard has learned. DMVs sell the data for an array of approved purposes, such as to insurance or tow companies, but some of them have sold to more nefarious businesses as well. Multiple states have made tens of millions of dollars a year selling data.

Motherboard has obtained hundreds of pages of documents from DMVs through public records requests that lay out the practice. Members of the public may not be aware that when they provide their name, address, and in some cases other personal information to the DMV for the purposes of getting a driver’s license or registering a vehicle, the DMV often then turns around and offers that information for sale…

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The latest in curated technology related news from around the globe. Sources are identified and reviewed each day before approval and publication. Content is source credited with full ​attribution. We do not accept submitted press releases outside of our curated process at this time.
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Libra cryptocurrency must meet tough regulatory standards-U.S. Treasury

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BERN (Reuters) - The Facebook-led Libra cryptocurrency project must meet the highest standards for combating money laundering and terrorism financing, a senior U.S. Treasury official said on Tuesday. Any cryptocurrency ...

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