Fight Over Encryption Backdoors Highlights the Importance of Bitcoin

Attorney General William Barr made headlines recently for his insistence that consumers come to grips with the government’s need for backdoors in encrypted products and services. To Barr, the existence of encryption that cannot be cracked by government investigators is an obstacle to criminal investigation. But there’s a reason such products are offered to consumers, […]

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Increased Chinese Interest in Libra Demonstrates China’s Importance to Cryptocurrency Markets

The hubbub surrounding Facebook’s new Libra cryptocurrency project hasn’t been terribly surprising. Any time a company that large undertakes a project of that magnitude, it’s bound to make waves. But surprisingly, it’s China that seems to be taking the most interest in Libra, not the US. China was the top country searching for information on […]

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IRS Seeking Data From Tech Firms on User Cryptocurrency Activity

According to a recently leaked presentation, the Internal Revenue Service (IRS) is looking to force big tech firms to provide them with information on user cryptocurrency activity. IRS is allegedly looking into contacting firms such as Google, Apple, and Microsoft and looking for information about user downloads of cryptocurrency applications, particularly with regard to use […]

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