Archive for February, 2018

Secretive U.S. security panel reportedly discussing Broadcom’s Qualcomm bid

From: San Diego Union-Tribune

Diane Bartz/Reuters

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Last week, San Diego Republican Congressman Duncan Hunter, a member of the House Armed Services Committee, sent a letter to President Trump urging him to order CFIUS to review the national security implications of Broadcom’s proposed takeover of Qualcomm.

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“Such a company could, if motivated by a nation or groups not friendly to the United States, compromise critical communications and install lock out features that would prevent U.S. security teams from monitoring mobile data,” wrote Hunter. “The potential impact on U.S. security in critical situations are numerous.”

Canadian federal government to invest up to $1bn in cybersecurity

From: Business Chief

Jonathan Dyble

With the federal government set to announce the budget tomorrow, a significant investment of up to $1bn is expected to be committed to enhancing Canada’s public sector cyber defences.

According to CBC, citing a number of government sources, a number of departments and agencies have requested these investments in the aim of addressing the world’s growing cyber threats.

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Government of Spain Considers Blockchain-Friendly Regulations

From: Bitcoin Magazine

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The government of Spain is preparing blockchain-friendly legislation including possible tax breaks to attract companies in the emerging blockchain technology sector, Bloomberg Politics reports.

“We hope to get the legislation ready this year,” said MP Teodoro Garcia Egea, who is preparing a comprehensive cryptocurrency-related bill. “We want to set up Europe’s safest framework to invest in ICOs.”

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State Government of South Australia released Cyber Security Strategic Plan 2018-2021

From: OpenGovAsia.com

By: Priyankar Bhunia

According to the Plan, the first 12 to 18 months of the strategy will witness a significant amount of work undertaken across three strategic themes. This initial period will form the foundation for the future deliverables and inform the first strategic plan review in early 2019.

The state government of South Australia (SA) recently released a Cyber Security Strategic Plan 2018-2021. The Department of the Premier and Cabinet (DPC) is tasked with the responsibility of leading the delivery of this plan on behalf of the South Australian Government. The Plan states that the SA Government supports the themes and ambitions within the Australian Government’s Cyber Security Strategy launched in 2016.

China Slams Door On Crypto Trading Sites

From: PYMNTS

China dealt bitcoin and cryptocurrency trading a major blow on Monday (Feb. 5) after it blocked all websites that enable cryptocurrency trading and initial coin offerings (ICOs).

According to news from The South China Morning Post, China also blocked foreign platforms that enable bitcoin trading in its effort to kill the cryptocurrency market in China altogether.

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