BIS Innovation Hub presents its ‘private CBDC’ project
The Bank for International Settlements (BIS) Innovation Hub has presented the final report on its “private CBDC” initiative, Project Tourbillon. The prototypes, built in the project’s framework, could allow payment anonymity for central bank digital currency transactions.The 46-page report ...
Privacy should be considered in ‘potential retail CBDC’ — Treasury official
Privacy and the ability to transact anonymously should be considerations in the design of a digital dollar, a United States Treasury official has said.On June 13 the Treasury Department’s Assistant Secretary for Financial Institutions Graham Steele spoke at a payments-focused conference in ...
Crypto Regulation in the Spotlight: CFTC and SEC Gear Up for Oversight
The Commissioner of the U.S. Commodity Futures Trading Commission (CFTC) said she is ready to regulate cryptoindustry with the U.S. Securities and Exchange Commission (SEC). Christy Goldsmith Romero said the regulator is now conducting several major investigations related ...
Bitcoin Whale Awakens: $3.5 Million in BTC Sent to Newly Created Segwit Address
He moved more than $3.5 million. 139 BTC were sent to the newly created Segwit address Coins the whale purchased back in 2011 On May 13, 2023, another bitcoin whale awoke and sent 139 BTC to the newly created Segwit address. He bought his bitcoins ...
Bank of England’s Digital Pound to Preserve User Privacy but Not Offer Anonymity
The Director of Financial Technology Development at the Bank of England said that the digital pound is being created to preserve user privacy but will not be anonymous. Tom Mutton, speaking at the Financial Times conference on digital assets, assured that the central bank h ...
What is Crypto-Dust and How to Protect Yourself from Dust Attacks in Cryptocurrency
Most owners of BTC and other cryptocurrency will probably not be able to say how much of it they have with the accuracy of "to the satoshi. That's why they can fall prey to scammers. What is crypto-dust "Crypto-dust" refers to a small amount of ...
US Commodity Futures Trading Commission Calls for End to Anonymity of Crypto Assets
The US Commodity Futures Trading Commission has called for an end to the anonymity of crypto assets, citing concerns over cybercrime and national security. Speaking at a conference in London, CFTC Commissioner Christy Goldsmith Romero highlighted the risks posed by cybercriminals using anonymous ...
Trezor Collaborates with zkSNACKs to Bring Anonymity to Bitcoin Transactions
Trezor, the renowned hardware wallet manufacturer, has partnered with zkSNACKs to introduce the CoinJoin feature to its Trezor Model T, enabling users to make anonymous Bitcoin transactions. While software wallets already offer CoinJoin, it's a first for hardware wallets. This feature enables ...