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UK's Online Safety Bill Takes Aim at End-to-End Encryption
The law could give an unelected official the power to weaken the privacy of billions of people around the world.
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The law could give an unelected official the power to weaken the privacy of billions of people around the world.
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Telegram’s estimated user base for April 2023 is 1.068 billion, with over 700 million monthly active users as of June 2022.
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The move follows similar remarks from Coinbase, which is expected to launch its own offshore derivatives exchange this week.
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The proposal introduces a proof of work system used to identify and verify genuine users. A complimentary draft proposal also might introduce "Res tokens" for further DoS attack resistance.
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The developer was held without a bail up until this point for maintaining free and open source software.
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"Coinbase has received a license to operate in the off-shore haven of Bermuda, signaling that the company is doubling-down on plans to increase its international business at a time when U.S. regulators have become hostile to the crypto industry."
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"The National Operations Department (NOA) of the Swedish police has visited Mullvad VPN with a search warrant, with the intention to seize computers with customer data. No customer data was compromised."
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The legislation defines categories, registration and disclosure requirements for crypto projects and provides a strict AML framework and compliance requirements for custodial institutions and services. Non-custodial wallets and services as well as regular wallets are exempt.
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"People who installed their systems with your encryption defaults several years ago are now much less secure than people who perform a fresh install today."
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Coinbase may consider moving its headquarters outside the US unless the country changes its approach to regulation.
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Investment analyst Lyn Alden took to Nostr to share her takeaways from a recent small Princeton event that took place last week.
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MicroStrategy has integrated all company emails with Bitcoin Lightning addresses.