The FCC is seeking comment on the creation of an Emergency Broadband Benefit Program which will provide discounts to eligible households on the cost of broadband service and certain connected devices.
December 2020 News Update
An update on news from December 2020.
SEC Files Lawsuit Against Ripple For Unregistered Sale Of Digital Asset XRP
The SEC has filed a lawsuit against Ripple Labs Inc. and two of its executives, alleging the sale of digital assets known as XRP in a years-long unregistered securities offering to investors in the U.S. and worldwide.
FinCEN’s Proposed Cryptocurrency Regulations Target Unhosted Wallets
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network – FinCEN – has issued a notice of proposed rulemaking which proposes new regulations aimed at cracking down on unhosted wallets and subjecting them to know your customer requirements.
FCC RDOF: SpaceX Rural Digital Opportunity Fund Long-Form Application Due January 29, 2021
SpaceX was a big winner in the FCC’s RDOF auction, acquiring $885.5 million in 10-year support in 35 states. SpaceX must now submit an acceptable FCC Form 683 long-form application.
Rural Digital Opportunity Fund Winners Must Provide Technical Information On Their Broadband Networks
Winning bidders in the Rural Digital Opportunity Fund auction must submit a post-auction long-form application no later than January 29, 2021. Winning bidders must include technical information on the broadband network they will build using RDOF support.
USF Contribution Factor Skyrockets To 31.8 Percent – New All Time High Set For First Quarter 2021
The FCC has announced that the proposed universal service fund contribution factor for the first quarter of 2021 will be 31.8 percent.
FCC Announces Winners Of Rural Digital Opportunity Fund Phase I Auction
The FCC has announced the results of the Rural Digital Opportunity Fund Phase I auction. There were 180 winning bidders, which were awarded 10-year support totaling $9.23 billion to bring broadband service to 5,220,833 locations in 49 states and one territory.
FCC Rural Digital Opportunity Fund Auction – LTD Broadband LLC Wins Big
The FCC has announced the results of the Rural Digital Opportunity Fund Phase I auction. LTD Broadband LLC is one of the biggest winners, with 10-year support totaling $1.32 billion to serve 528,088 locations in 15 states.
SpaceX Wins Big In Rural Digital Opportunity Fund Phase I Auction
Satellite broadband provider SpaceX was a winning bidder in the FCC’s RDOF Phase I auction in 35 states. SpaceX won a total of $885.5 million in support to be provided over 10 years.