Discord Wants Your Face, Here’s Why You Should Say No
Bitcoin Magazine Discord Wants Your Face, Here’s Why You Should Say No “Concentrated power is not rendered harmless by the good intentions of those who create it.” – Milton Friedman…
Tether Is Buying Bitcoin’s Revolution, How Devastating Will The Consequences Be?
Bitcoin Magazine Tether Is Buying Bitcoin’s Revolution, How Devastating Will The Consequences Be? At a Glance The GENIUS Act in the U.S. gave private stablecoin issuers a legal framework while…
Know-Your-Customer: The Quiet Kill Switch
Bitcoin Magazine Know-Your-Customer: The Quiet Kill Switch The know-your-customer (KYC) threat isn’t coming. It’s already here, and it didn’t arrive through a nationwide ban or an emergency executive order. It…
The Government Is Not Your Friend
Bitcoin Magazine The Government Is Not Your Friend Yesterday’s guilty verdict for Roman Storm on the count of conspiracy to operate an unlicensed money service business is absolutely insane. FinCEN,…
Biometric Data Security Under Scrutiny After Coinbase Suit; Expert Urges Modular Privacy
A class-action lawsuit against Coinbase has raised concerns about biometric data collection and storage practices by technology companies. Nanak Nihal Khalsa argues argues that relying on immutable biometric identifiers poses…
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Binance Founder CZ Released From US Custody After Serving 4-Month Sentence
Binance founder and former CEO Changpeng Zhao (CZ) has been released from U.S. custody after serving a four-month sentence for his role in compliance failures at Binance. His sentence followed…
Kucoin to Implement 7.5% VAT on Transaction Fees for Nigerian Users
Nigeria-based KuCoin users will begin being levied a 7.5% value-added tax (VAT) on transaction fees starting on July 8. Some observers believe that Kucoin’s decision to implement this tax is…
Bitcoin’s Role In Defending Democracy In Nicaragua With Félix Maradiaga
At the 2024 Bitcoin Policy Summit, Nicaraguan pro-democracy activist Félix Maradiaga shared his insights on the severe challenges facing his country, which is under the autocratic rule of Daniel Ortega. According to…
KYC, Bitcoin, and the failed hopes of AML policies: Preserving individual freedom
For the past decade, the abbreviations AML and KYC have become an inextricable part of our lives. To help law enforcement track illegal funds, an increasingly constraining set of anti-money-laundering…
Community-Driven Ecosystem Accelerators ‘A Vital Component of Crypto Funding Mechanisms’ – Elie Le Rest
Large institutions will fully embrace decentralized finance (defi) only when they are confident that their trade counterparties will comply with sanctions and other international laws, argues Elie Le Rest, CEO…