America’s New Beneficial Ownership Reporting Regime
On January 1, 2021, Congress enacted the Anti-Money Laundering Act of 2020 (the “AMLA”) to combat money laundering and terrorist financing by expanding the regulatory power of the Financial Crimes Enforcement Network (“FinCEN”), a financial...
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Trends in China Game Approvals: The New Normal
Over the past four months, the National Press and Publication Administration (国家新闻出版署) (“NPPA”) issued four batches of domestic game approvals covering 345 games, and two batches of foreign game approvals covering 71 games. Although the...
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Is Your Blockchain Game Digital Asset a Security?
Investment in blockchain games persists, but developers face a fragmented, confusing, and ill-defined US regulatory environment. Absent comprehensive digital assets legislation from Congress, US federal and state agencies have been tasked with adapting existing legal...
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Legal Considerations for Generative AI in Games
On January 5, 2021, OpenAI launched DALL-E, a neural network trained on 250 million captioned images collected from the internet that could generate images based on natural language prompts. Since then, OpenAI has introduced DALL-E...
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FTC Proposes Ban on Non-Competes
On January 5, 2023, the Federal Trade Commission released a Notice of Proposed Rulemaking to prohibit employers from using contractual terms with workers that prevent such workers from seeking or accepting employment from another employer...
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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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