Connecticut Expands Privacy Law with Facial Recognition, Age Assurance Rules
Anthony Kimery, Biometric Update
New laws regulate data brokers, AI chatbots, social media and biometric technologies
Connecticut has enacted a sweeping package of privacy, online safety, and AI measures that places the state among the most active in the country in regulating the commercial data economy and emerging algorithmic harms…
Read MoreVermont Governor Signs Bill to Address Coerced Debt
Published by National Consumer Law Center
New Law Will Protect Survivors of Domestic Violence, Older Adults from Impacts of Economic Abuse
Last week, Vermont Governor Phil Scott signed legislation to stop creditors from collecting on coerced debts. Coerced debt is a form of economic abuse experienced by survivors of domestic violence, human trafficking, older adults, foster children, and people with disabilities. It occurs when an abuser uses fraud, duress, intimidation, force, coercion, or identity theft to accumulate debt in the name of another person…
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Washington State Department of Financial Institutions Takes Action Against Multi-Level Marketing Cryptocurrency Scam
Washington State Department of Financial Institutions (DFI)
DFI urges investors to verify status of entities with their regulator prior to handing over money
The DFI entered a Summary Order against BG Wealth Sharing Ltd. (“BG Wealth”) and DSJ Exchange PTY Ltd. (“DSJ Exchange”), two affiliated companies which operated a widespread cryptocurrency scam. The Summary Order takes effect immediately, and requires both companies to cease and desist from violating Washington’s Securities Act…
Read MoreIllinois Lawmakers Approve One-Year Delay in Implementation of Controversial Credit Card Law
Frank Diekmann, CUDaily
Illinois lawmakers have approved legislation delaying implementation of the state’s controversial Interchange Fee Prohibition Act (IFPA) for an additional year, pushing the effective date to July 1, 2027, as legal and regulatory battles over the law continue.
The measure, approved by both chambers of the Illinois General Assembly, marks the second delay for the first-in-the-nation law, which prohibits financial institutions, payment card networks and other entities from charging interchange fees on the tax and gratuity portions of debit and credit card transactions…
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