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Crypto Integration Initiatives Continue, Crypto Exchange Data Published – According to a recent report, a major U.S. fintech company intends to purchase a stablecoin infrastructure provider. While the fintech company itself has not confirmed the figure, the deal reportedly is valued at $1.1 billion….By: BakerHostetler

The European Commission’s adoption on 23 October 2024 of the two regulations (Regulations) supplementing the [the Regulation on digital operational resilience for the financial sector Publications Office (europa.eu)] (DORA) is a further reminder that the need for DORA compliance is now less than three months away….By: Goodwin

On October 16, 2024, the New York Department of Financial Services (“NYDFS”) issued guidance and strategies (“Guidance”) concerning cybersecurity risks that arise in response to the advancements in artificial intelligence (“AI”). While AI technology has, in many cases, positively impacted businesses, it has also opened the door to a myriad of opportunities for cybercriminals to…

As state-level privacy laws continue to expand in the absence of federal legislation, businesses must prepare to meet a growing patchwork of requirements or risk penalties and reputational harm. In 2025, eight additional states’ comprehensive privacy laws will come into effect, further increasing the complexity of compliance. By the end of next year, approximately 150…

According to a Gartner survey, by 2026, more than 80% of enterprises will have implemented generative AI, which will have a significant impact on their operations. The aim is to enhance overall business processes and decision-making capabilities. However, integrating AI into business operations comes with significant legal considerations that business owners must keep in mind….By:…

Dayton v. The Automobile Ins. Co. of Hartford, Connecticut, 2024 WL 1745041 (M.D. Pa. Apr. 23, 2024) – Datyon was injured while operating his employer’s vehicle and subsequently submitted a claim for underinsured motorist benefits to his personal auto insurer, The Automobile Insurance Company of Hartford, Connecticut, which denied his claim based upon the regular…

We previously reported on the new EU Product Liability Directive (PLD) that will significantly overhaul the EU’s existing product liability directive to conform with the digital era and modern economy. The changes to the EU’s prior directive include, among other things, expanding the definition of a “product” to encompass: (1) software, including software updates and…

Court:  Superior Court of Connecticut, Judicial District of Bridgeport at Bridgeport – Connecticut resident Elaine Adelia Hickey (decedent) contracted mesothelioma alleging exposure to asbestos and asbestos-containing talcum products throughout her life….By: Goldberg Segalla