Mobile Platform Rules on Blockchain Games Remain Unclear Despite Updates – But Popular Mobile Blockchain Games Provide Clarity
Apple Inc. (“Apple”) and Google LLC (“Google”) dominate the global game market by offering the most used app stores in the world. However, Apple and Google’s developer rules require user transactions to occur within their...
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WOW vs TikTok – The New Data Wars
On January 23, 2023, the license agreement between Activision Blizzard, Inc. (“Activision Blizzard”) and NetEase Inc. (“NetEase”) with respect to the publication of multiple online games in mainland China will expire, ending a 14-year partnership...
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China’s Foreign Ownership Restrictions and the VIE Structure
Foreign investment in the People’s Republic of China (the “PRC”) is either restricted or prohibited in several industries such as the telecommunications industry, which includes most internet focused businesses. The primary regulation with respect to...
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California Social Media Law Enacted as Courts Confront Similar Texas and Florida Laws
On September 13, 2022, California governor Newsom signed AB 587 (the “Social Media Law”) into law, requiring social media companies to publicly post terms of service that address hate speech, disinformation, harassment, and extremism policies....
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California Privacy Protection Agency Moves Forward With New Draft Privacy Regulations
On August 24 and 25, 2022, the California Privacy Protection Agency (the “Agency”) held a public hearing on proposed regulations affecting the California Consumer Privacy Act of 2018 (the “2018 Act”), as amended by the...
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SEC Deems Nine Tokens Securities
On July 21, 2022, the United States Securities and Exchange Commission (the “SEC”) alleged that nine digital assets constituted securities in its first insider trading claim involving cryptocurrencies, SEC v. Ishan Wahi, Nikhil Wahi, and...
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Security Assessment for Cross-Border Data Transfer
On July 7, 2022, the Cyberspace Administration of China (国家互联网信息办公室)(“CAC”) released the final version of the Cross-Border Data Transfer Security Assessment Measures (数据出境安全评估办法) (the “Security Assessment Measures”). The Security Assessment Measures set forth requirements for...
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Standard Contract for Cross-Border Transfers of Personal Information
On June 30, 2022, the Cyberspace Administration of China (国家互联网信息办公室)(“CAC”) released draft Personal Information Cross-Border Transfer Standard Contract Provisions (个人信息出境标准合同规定) (the “Draft Standard Contract Provisions”) together with the form standard contract (the “Standard Contract”) for...
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Implications of Biden Executive Order for Blockchain Games
On March 9, 2022, President Joe Biden issued the “Executive Order on Ensuring Responsible Development of Digital Assets” (the “Biden Order”), and shortly after, on May 4, 2022, California Governor Gavin Newsom issued “Executive Order...
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