Stock Market News

U.S. Senate panel approves update of children’s online privacy bill

2022.07.28 02:41

U.S. Senate panel approves update of children's online privacy bill
A U.S. Capitol Police officer stands on the Senate steps as storm clouds pass over the U.S. Capitol in Washington, U.S. July 18, 2022. REUTERS/Jonathan Ernst

WASHINGTON (Reuters) – The U.S. Senate Commerce Committee voted Wednesday to approve a measure that would raise the age children are given special online privacy protections to 16 and bar targeted advertising to children by companies like TikTok and Snapchat without consent.

The bill, which was adopted by voice vote, will now go to the full Senate for consideration. There currently is no version of this bill in the House of Representatives.

The bipartisan bill, sponsored by Democratic Senator Edward Markey along with Senators Bill Cassidy, Richard Blumenthal and Cynthia Lummis, would raise from 12 to 16 the age of the children afforded special privacy protections online under an update of Markey’s 1998 Children’s Online Privacy Protection Act (COPPA).

Markey has previously singled out for criticism companies like Meta’s Facebook (NASDAQ:META), Google (NASDAQ:GOOGL)’s YouTube, TikTok and Snapchat.

Under the new bill, companies would not be allowed to collect personal information on anyone 16 years old or younger without consent and require companies to allow young users to erase personal information. It would also create an office within the Federal Trade Commission, which currently enforces COPPA, to address online privacy and marketing concerns related to minors.

Broad privacy legislation, which would protect adults, has been introduced regularly in Congress but failed amid fights over whether it would preempt state laws, which are sometimes stronger, or whether individuals would be allowed to sue in the case of privacy violations.

A U.S. House committee approved this month a bill to create the first U.S. privacy law limiting personal information that companies collect online, but it faces an uncertain fate in the Senate.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 76,045.37 1.69%
vested-xor
Vested XOR (VXOR) $ 3,405.08 99,999.99%
ethereum
Ethereum (ETH) $ 2,922.01 2.84%
tether
Tether (USDT) $ 1.00 0.02%
solana
Solana (SOL) $ 199.46 5.66%
bnb
BNB (BNB) $ 599.37 0.07%
usd-coin
USDC (USDC) $ 0.999598 0.02%
xrp
XRP (XRP) $ 0.55096 1.26%
dogecoin
Dogecoin (DOGE) $ 0.197847 2.28%
staked-ether
Lido Staked Ether (STETH) $ 2,920.85 2.84%
cardano
Cardano (ADA) $ 0.430345 15.97%
tron
TRON (TRX) $ 0.16068 0.84%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,459.13 2.58%
the-open-network
Toncoin (TON) $ 4.89 0.31%
shiba-inu
Shiba Inu (SHIB) $ 0.000019 1.79%
avalanche-2
Avalanche (AVAX) $ 27.43 0.83%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 75,906.34 1.54%
weth
WETH (WETH) $ 2,923.35 2.68%
chainlink
Chainlink (LINK) $ 12.79 2.76%
bitcoin-cash
Bitcoin Cash (BCH) $ 378.35 0.49%
sui
Sui (SUI) $ 2.33 2.49%
polkadot
Polkadot (DOT) $ 4.20 1.40%
leo-token
LEO Token (LEO) $ 6.34 3.43%
usds
USDS (USDS) $ 0.999823 0.04%
litecoin
Litecoin (LTC) $ 71.44 0.79%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,071.25 2.61%
uniswap
Uniswap (UNI) $ 8.89 2.14%
near
NEAR Protocol (NEAR) $ 4.23 0.48%
aptos
Aptos (APT) $ 9.73 0.07%
pepe
Pepe (PEPE) $ 0.000011 5.26%
bittensor
Bittensor (TAO) $ 506.32 4.77%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.41 0.30%
internet-computer
Internet Computer (ICP) $ 7.73 3.03%
dai
Dai (DAI) $ 0.999764 0.02%
stellar
Stellar (XLM) $ 0.10151 3.35%
ethereum-classic
Ethereum Classic (ETC) $ 20.19 0.44%
monero
Monero (XMR) $ 163.38 0.43%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.14%
kaspa
Kaspa (KAS) $ 0.113522 5.90%
whitebit
WhiteBIT Coin (WBT) $ 19.65 2.07%
aave
Aave (AAVE) $ 180.27 2.40%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.343278 0.36%
crypto-com-chain
Cronos (CRO) $ 0.097916 13.79%
blockstack
Stacks (STX) $ 1.67 1.78%
okb
OKB (OKB) $ 40.20 1.00%
dogwifcoin
dogwifhat (WIF) $ 2.35 0.90%
first-digital-usd
First Digital USD (FDUSD) $ 1.00 0.26%
arbitrum
Arbitrum (ARB) $ 0.577393 0.34%
mantle
Mantle (MNT) $ 0.662905 7.35%
filecoin
Filecoin (FIL) $ 3.72 1.16%