Rep. Waters Opens Libra Hearing With Indictment of Facebook’s Past Mistakes
Rep. Maxine Waters opened today’s hearing on Facebook’s Libra project by noting the firm’s past behavior regarding user data and privacy Go to Source Powered by WPeMatico
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Tor Project’s Bitcoin Crowdfunding Campaign Hits Goal in 25 Hrs
Tor Project expands its new Bitcoin-based crowdfunding campaign after it reached $10,000 in 2 days Go to Source Powered by WPeMatico
Post-Hearing: Ranking Senate Committee Members Discuss Regulations
Senate Banking Committee members discussed regulation of big tech companies in a press conference following today’s Libra hearings Go to Source Powered by WPeMatico
Arthur Hayes on Financial Privacy and the Possibility of BTC Hard Fork
BitMEX’s Arthur Hayes thinks Bitcoin could achieve financial privacy only by a hard fork Go to Source Powered by WPeMatico
Spain Thwarts Bitcoin ATM Scam, Prompting Regulatory Debate Worldwide
Bitcoin ATMs are not currently governed by EU money laundering regulations, and arrests coordinated by Spanish police and Europol in May are bringing new focus to this loophole. A group of eight Spanish and Latin American individuals have been arrested, along with several of their associates, for using crypto ATMs to fund drug traffickers in … Read more
Ethereum Co-Founder Mihai Alisie Concerned Over Libra Centralization
Ethereum co-founder Mihai Alisie is concerned about Facebook’s purported promise to make Libra fully decentralized in the future Go to Source Powered by WPeMatico
McAfee on BTC, Exile & the US: ‘No Way the Current System Can Survive’
“God Almighty, I am a rebel. I’m an outrage to the stability of the U.S. corrupt government” — John McAfee talks to Cointelegraph about living on the run and the future of crypto adoption Go to Source Powered by WPeMatico
CBDCs Hold No Interest Without Full Anonymity: Banxico Deputy Governor
Central bank digital currencies will not hold the public’s interest unless they provide full anonymity, according to the deputy governor of Mexico’s central bank Go to Source Powered by WPeMatico
IRS Agents Propose Draconian Tactics to Investigate Bitcoin Users
A recently published U.S. Internal Revenue Service (IRS) slide describes alarming recommendations on how tax agents should deal with digital currency users who are not paying taxes. The slide recommends that agents question crypto users’ friends and family, comb through social media posts and issue subpoenas to make sure U.S. residents are paying taxes on … Read more
Chinese Border Guards Install Malware on Some Tourists’ Phones
Tourists love to travel to new countries and regions which intrigue them. To many people, China is one such region. Although it is not the most hospitable place for foreigners, many people travel to this country regardless. The new countermeasure enforced by Chinese border guards may force that situation to change in the years to … Read more