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“# Treasury backs down: Crypto monitoring rule will wait until new administration ” In response to a deluge of comments, the United States Treasury Department’s Anti-Money Laundering office is slowing its roll on a rushed proposal to monitor a whole new range of cryptocurrency transactions. On Thursday, the Treasury’s Financial Crimes Enforcement Network, or FinCEN,…
“# IOTA blockchain used to track COVID-19 test results at Frankfurt Airport ” Early on in the pandemic, the heightened need for various biosurveillance measures sparked interest in the relevance of privacy-enhancing technologies such as blockchain that could protect public health data amid the crisis. An individual Twitter user claimed last week that Frankfurt Airport’s…
“# Regulators dial up the heat: Dash, ZEC and Monero reach boiling point? ” On New Year’s Day, the U.S.-based crypto exchange Bittrex announced via Twitter that it was delisting three leading privacy coins: Monero (XMR), Zcash (ZEC) and Dash. A link promised further details, but those who followed it learned nothing to explain why…
“#Facebook launching ‘smart internet glasses’ this year” Facebook will launch a pair of “connected” glasses very soon this year. The smart specs have been teased previous, but largely remain a mystery. Despite suffering major privacy scandals in the past, Facebook hopes it can convince everyday folk to don a pair of web-connected glasses. Facebook still…
“# Wrapped Monero launches as exchanges crack down on privacy coins ” Crypto custodian BTSE has launched an ERC-20 token that represents Monero (XMR) on the Ethereum blockchain, giving investors new exposure to the privacy-centric coin. Represented by the ticker symbol WXMR, Wrapped Monero is intended to bring greater liquidity to the DeFi ecosystem. The…
“# Trump bans Chinese payment apps, including AliPay and WeChat Pay ” With just two weeks left in office, President Donald Trump has sent out a new executive order targeting Chinese payment apps. The Tuesday order bars United States citizens or people located in the U.S. from using nine Chinese payment apps. It continues the White House’s…
“# With 6 hours left, Treasury logs almost 6000 comments on crypto monitoring proposal ” Despite many objections to the truncated timeframe, public comments are due tonight in response to the U.S. Treasury’s proposal to require businesses like crypto exchanges to know the identities behind wallets with which they transact. As of Sunday night, the…
“# What lies ahead for crypto and blockchain in 2021? Experts answer ” It would be fair to admit that after 2020 and all it has put us through, making any predictions for the upcoming year is most likely to be a game of blindfold. Meanwhile, I am certain that humanity has much to learn…
“# Following delisting, Dash pushes back against ‘privacy coin’ label ” A recent tweet from Dash’s official Twitter account has invited criticism that the cryptocurrency, which once advertised its privacy features, is wilting in the face of possible regulatory scrutiny. On Jan. 1, the US-based Bittrex exchange announced in a tweet that it would be…
“# Congresspeople chastise the Treasury for rushing new crypto monitoring proposal ” Nine congresspeople have signed on to a letter to Treasury Secretary Steven Mnuchin, telling him to hold his horses. The Thursday letter is in response to the Treasury’s recent proposal to make registered crypto businesses hold on to more customer information, especially when transacting with…