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…
ZK Proofs Enable Defi Platforms to Meet Regulatory Requirements Without Compromising User Data, Says Ex-FCA Regulator
Diana Tlupova, Head of Compliance at Nexera ID, has argued players in the decentralized finance (defi) space can stay ahead of regulators who might want to impose stringent Know-Your-Customer (KYC)…
SatoshiLabs Introduces Vexl Foundation With KYC-Free P2P Bitcoin App And Financial Tyranny Index
SatoshiLabs, the creator of the Trezor hardware wallet, has announced the launch of the Vexl Foundation at the BTC Prague conference. A press release shared with Bitcoin Magazine said the…
Bull Bitcoin Launches No-KYC Purchasing Through Canadian Post Office
Canadian Bitcoin exchange, Bull Bitcoin, has launched a new no-KYC (know-your-customer) service which enables users to buy bitcoin with cash or debit card. Users can go to any Canadian Post…