Tag: bitcoin privacy

How Will Regulators React to Bitcoin Privacy Solutions in Future?

China, the US, Japan, the Philippines, Korea and many other countries have begun implementing regulatory frameworks and policies to regulate the global bitcoin exchange market. Bitcoin exchanges are required to comply with industry-wide standards and strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies in order to obtain licenses to operate as financial companies. Some governments such as China and its central bank the People‚Äôs Bank of China (PBoC) …
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Credit Card & Paypal Details Exposed on Darknet; Importance of Financial Privacy

Exposure of cases involving the theft of credit card details or financial services accounts is demonstrating the importance of financial privacy and freedom. As anonymous cryptocurrency Monero lead developer Riccardo Spagni stated in his presentation at Coinbase headquarters, financial privacy and security are important for the general population. The only issue is that the vast majority is struggling to see the necessity of it just yet. There are a few …
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