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China's Blockchain Initiative Hits Roadblock as Stakeholders Refuse to Share Private Data for Free

China's Blockchain Initiative Hits Roadblock as Stakeholders Refuse to Share Private Data for Free

China’s blockchain initiative is going ahead full steam, but local and provincial officials are facing some resistance from stakeholders who are not enthusiastic about sharing their data.

U.S. IRS Chief Requests More Power To Collect Crypto Transfer Data

U.S. IRS Chief Requests More Power To Collect Crypto Transfer Data

U.S. Internal Revenue Service Commissioner Charles Retting told Congress that the authority needs more permission to collect cryptocurrency transfer data, Reuters reported Tuesday.

First Bitcoin Mixer Slapped with $60M Fine by FinCEN in Money Laundering Crackdown

First Bitcoin Mixer Slapped with $60M Fine by FinCEN in Money Laundering Crackdown

FinCEN charged a Bitcoin-mixing operator with a $60 million civil money penalty for violating anti-money laundering regulations.

Coinbase Reveals Firm Received Around 2000 Subpoenas From Authorities Over Customer's Data

Coinbase Reveals Firm Received Around 2000 Subpoenas From Authorities Over Customer's Data

Cryptocurrency exchange Coinbase has revealed in its newly released transparency report that it got served a sum total of 1,914 government requests.

The Rise of the Anon: Protecting Innovation

The Rise of the Anon: Protecting Innovation

Anonymity is increasingly offering protection to innovators as well as their ideas.

European Parliamentary Research Service (EPRS) Letter on Benefits and Challenges for Children in the Metaverse

European Parliamentary Research Service (EPRS) Letter on Benefits and Challenges for Children in the Metaverse

The European Parliamentary Research Service (EPRS) has highlighted the potential benefits and challenges for children in the metaverse. While the metaverse can enhance creativity and learning, it also poses risks related to privacy, harmful content, and exploitation. Both the European Union and the private sector are taking steps to protect children, but more efforts are needed to ensure their safety in this virtual environment.

Blockchain Solution in Healthcare: Google Secretly Collects Health Data From U.S Patients

Blockchain Solution in Healthcare: Google Secretly Collects Health Data From U.S Patients

Blockchain provides a fourth model that can enable secure sharing of lifetime health data across providers and business partners. The use of blockchain is a potential solution to the case associating Google to have reportedly collected medical data from U.S patients in secret.

Secret Network to Restructure as Nonprofit with 'Transparent Operation'

Secret Network to Restructure as Nonprofit with 'Transparent Operation'

Two Secret Network-promoting groups argued publicly before the vote.

EARN IT Act Introduced in US House of Representatives, Critics View It as Threat—What This Means for Crypto

EARN IT Act Introduced in US House of Representatives, Critics View It as Threat—What This Means for Crypto

Despite being perceived as an “anti-security bill” by many, the EARN IT Act has made its way to the US House of Representatives and currently awaits approval.

Japan supports OpenAI amid concerns

Japan supports OpenAI amid concerns

Japan expressed interest in incorporating OpenAI’s technology into government systems, provided privacy and cybersecurity concerns are addressed. OpenAI CEO, Sam Altman, visited Japan and met with government officials to discuss the potential of the technology and how to maximize its benefits while minimizing risks. Meanwhile, OpenAI is being investigated by Canada’s privacy commissioner for allegedly collecting and utilizing personal information without consent.

Ethereum Founder Vitalik Buterin Co-Authors Paper on Blockchain Privacy and Compliance

Ethereum Founder Vitalik Buterin Co-Authors Paper on Blockchain Privacy and Compliance

Ethereum's Vitalik Buterin, along with researchers and privacy advocates, published a paper on September 6, 2023, titled "Blockchain Privacy and Regulatory Compliance: Towards a Practical Equilibrium." The paper introduces "Privacy Pools," a smart contract-based protocol designed to reconcile financial privacy with regulatory compliance.

Coinbase is challenging the U.S. Treasury over the recent tornado cash sanctions

Coinbase is challenging the U.S. Treasury over the recent tornado cash sanctions

Coinbase is suing the U.S. Treasury for listing Tornado Cash on the SDN List, arguing it violates digital privacy and regulatory authority in the cryptocurrency sector.

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