Latest Report States Virtual Currency is Attack Prone without State SupportA non-profit think tank RAND Corporation funded by the Pentagon and U.S. Homeland Security released a report titled “National Security Implications of Virtual Currency”, which analyzes possible scenarios of using virtual currencies (referred to in the text as just VC) by terrorists, insurgentes, organized criminals, and malevolent individuals, collectively referred to as non-state actors. The […]
Bitcoin Foundation Suspends the Board Elections and Intends to Hold a Referendum InsteadThe Bitcoin Foundation has announced its decision to suspend the elections for its board, and to hold something called a ‘special referendum’ instead. The Foundation’s executive director Bruce Fenton stated: “The logistics and time involved in a general public election are not practical right now given our focus, priorities, and resources.” Considering the recent news […]
Russian Ministry of Communications to Research Blockchain TechnologyAccording to Russian minister for communications, Nikolay Nikiforov, options of using bitcoin’s underlying technology of blockchain to the benefit of the state should be scrutinized. He told that on the sidelines of “Internet Economy” forum on December 21.
Coinbase Suspends Accounts of a User Who Found an Exploit in Their SystemAccording to a post on Reddit, a Coinbase’s customer helped the company to eliminate a potentially critical exploit in their system, but eventually found himself banned for no obvious reason.
A Draft Bill Implying Bitcoin Legalization Introduced in the Russian ParliamentDecember 18, a draft code implying penalization of issuance and exchange of, and operation with “money surrogates”, was introduced to the Russian Parliament, the State Duma. Russian authorities were going to equal cryprocurrencies to the said surrogates, and even introduce criminal and administrative punishment for any operations related thereto.
Russian Anti-Censorship NPO Proposes Users to Join Its Unbanning EffortsFollowing the notorious court ruling as to the “eternal ban” of several Russian websites, including extremely popular BitTorrent tracker Rutracker.org, RosKomSvoboda, The Center for Protection of Digital Rights, and some activists initiated a campaign titled “The Battle of Runet”. The campaign provides for consolidation of efforts of those thinking the so-called “anti-piracy law” violates their […]
Japan Prepares to Regulate Digital Currencies and Embrace the BlockchainA dedicated working group at Japan’s Financial System Council is said to have prepared a draft proposal as to providing regulation framework for digital currency.
France Lobbies for Imposing Severe Restrictions on Bitcoin in the Wake of the Paris MassacreFollowing the terrifying massacre and bombings in Paris last month, the French government started insisting on restricting or even banning several technologies facilitating anonymous money transfers, including digital currencies.