Canada Encourages Cannabis Sector to Transact Discreetly

The Office of the Privacy Commissioner of Canada has published a document advising Canadian citizens to use cash to conduct transactions pertaining to cannabis in order to protect personal information. In response to the guidance, Etoro market analyst Mati Greenspan has predicted the liberalization of Canada’s cannabis sector will bolster local privacy coin adoption. Also … Read more

Crypto Exchange Okex Introduces Stricter KYC Rules

Hong Kong-based cryptocurrency exchange Okex is enforcing tightened identity verification procedures. Daily withdrawal limits will soon depend on the KYC level passed by its users. The changes will apply to customers of Okex’s partnering platforms as well. Also read: Report: North Korea to Hold a Crypto Conference Withdrawal Limits to Depend On the Level of … Read more

Crypto Exchanges, Payment and Wallet Firms Join EU Police to Fight Privacy

About sixteen major cryptocurrency exchanges, payment processors and digital wallet providers have joined the EU’s law enforcement agency for an event about preventing money laundering. The three-day conference on digital currencies and cyber crime began on Tuesday in the Hague. Also Read: The Daily: Akon Launches Akoin, ICO Mogul Buys $19M Land with Bitcoin “Tracing and … Read more

Research: Majority of EU, US Exchanges and Wallets Fail to KYC Users

More than two thirds of the leading cryptocurrency exchanges and wallet providers on both sides of the Atlantic fail to conduct proper identity verification checks. According to new research into their onboarding practices, most of the studied platforms do not meet the requirements of the upcoming regulations under the updated EU anti-money laundering directive. Also … Read more

Telegram Reportedly Testing Service to Store Data for Identity Verification

Telegram has been testing a new service that will store users’ information and documents for verification purposes, according to Russian media reports. Telegram Passport will be used to keep personal details and copies of IDs, banking statements, and utility bills to identify users on Telegram’s blockchain platform TON.  Also read: After Telegram, Viber May Be … Read more

After Telegram, Viber May Be Blocked, Russian Minister Says

Viber may be treated like Telegram if security services are not able to obtain its encryption keys, Russia’s telecom minister said. The app offers end-to-end encryption, and is the most popular messenger in several Eastern European countries. Recently, its CEO, Michael Shmilov, said the company would not be able to hand over the keys. Also … Read more

Wendy McElroy: Do Not Passively Nationalize Your Privacy

The Satoshi Revolution: A Revolution of Rising Expectations Section 2: The Moral Imperative of Privacy Chapter 6: Privacy is a Prerequisite for Human Rights Do Not Passively Nationalize Your Privacy. Chapter 6, Part 7 “If I had a world of my own, everything would be nonsense. Nothing would be what it is, because everything would … Read more

Wendy McElroy: The Satoshi Approach to Privacy

The Satoshi Revolution: A Revolution of Rising Expectations Section 2: The Moral Imperative of Privacy Chapter 6: Privacy is a Prerequisite for Human Rights The Satoshi Approach to Privacy. (Chapter 6, Segment 5) The traditional banking model achieves a level of privacy by limiting access to information to the parties involved and the trusted third … Read more

Coincheck Drops Anonymous Monero, Dash, Zcash

Coincheck, the Japanese exchange that lost ~$550 million worth of NEM to hackers, will stop dealing with Monero, Dash and Zcash. The trading platform has recognized the risk posed by these cryptocurrencies which provide high levels of anonymity. Half of the NEM coins stolen in the hack may have been converted already on the darknet, … Read more

Wendy McElroy: Privacy – Do Not Come Late to the Revolution

The Satoshi Revolution: A Revolution of Rising Expectations Section 2: The Moral Imperative of Privacy Chapter 6: Privacy is a Prerequisite of Human Rights Segment 4: Privacy: Do Not Come Late to the Revolution “I think the Mailman is taking us on one at a time, starting with the weakest, drawing us in far enough … Read more