Tag: DHS

Homeland Security Arrests Bitcoin Company CEO for Alleged Money Laundering

There is never a boring day in the world of cryptocurrency. The CEO of Bitcoin Inc mentioned on Twitter that he had been arrested in his home by the Department of Homeland Security. According to the information shared with us, this arrest is the direct result of a Bitcoin transaction dating back to November of 2016. For now, he has been released on a personal recognizance bond. The Story of The Bitcoin Inc …
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DHS Taps Facial Recognition Technology to Protect US Border Crossings

Any decision made by the Department of Homeland Security will be scrutinized, for obvious reasons. Earlier this week, the agency announced it plans to introduce technology capable of performing facial recognition of foreign nationals wherever people cross the US border by car. It’s an interesting decision, although there is sure to be a lot of negative feedback. DHS is a fan of Facial Recognition Technology No one is surprised to learn the Department …
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What Is the Homeland Security Assessment of Terrorists Use of Virtual Currencies Act?

The Department of Homeland Security has an interesting relationship with Bitcoin and cryptocurrency. On the one hand, it seeks to deanonymize users whenever illegal activity is suspected. On the other hand, there is an obvious respect for what these new forms of money brings to the table. The Homeland Security Assessment of Terrorists Use of Virtual Currencies Act will prove to be a rather interesting story. A new DHS Bill With Potentially Severe …
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Department of Homeland Security Source Validates Bitcoin’s Legitimate Use Cases

The history of Bitcoin – which only spans around nine years – has seen its fair share of controversy, allegations, and governmental opposition. Regulators from all over the world have told the public Bitcoin is not to be trusted and is merely a tool for criminals in both the real world and on the internet. Considering most of these regulators also dream of a cash-free society, that is not entirely surprising. …
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