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Recent Trends in Business-Related Inventions

[Bills in Focus] Removing elevated railways, deferring taxation on inherited shares

Proposed bill: Special Act on the Transition of Elevated Metro Lines Including Line 1 of Seoul to Underground Lines Proposed by Rep. Lee In-young (Democratic Party of Korea) ● Elevated railways, such as Seoul Subway Line 1, are perceived to be the cause of noise pollution and safety issues. This bill aims to facilitate the implementation of projects to transform elevated railways into underground railways by establi.

Senate s $886B Defense Bill Ropes in Crypto Mixers, Privacy Coins

Crypto industry faces new pressure from anti-money laundering regulations

A bipartisan group of senators on Wednesday introduced an amendment to the National Defense Authorization Act (NDAA) that includes new anti-money laundering provisions for the crypto industry. Sens. Kirsten Gillibrand (D-N.Y.) and Cynthia Lummis (R-Wyo.), Elizabeth Warren (D-Mass.) and Roger Marshall (R-Kan.), have teamed up to put forward the proposal, geared at preventing the use…

USPTO lifts burden of evidence in generic mark examinations

Examining attorneys will no longer be required to present “clear evidence” when refusing generic trademark applications, according to updated guidance from the United States Patent and Trademark Office.

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