Zoom's End-to-End Encryption Will Be for Paying Customers Only

The videoconferencing company says it wants to be able to work with law enforcement to catch bad actors on its...

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US Regulators Target Bitcoin ATMs: 88% of the Funds Exit the Country via Machines
Jun04

US Regulators Target Bitcoin ATMs: 88% of the Funds Exit the Country via Machines

Bitcoin automated teller machines (BATMs) will become the next target for regulators, as world governments tighten screws on money laundering. According to Ciphertrace CTO John Jeffries, crypto-cash machines will attract “greater…regulatory focus” in a bid to rein-in alleged cross-border illicit financial transfers. Jeffries urged “the need for more uniform regulatory enforcement and compliance” as...

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Roger Ver Donates $10K in Bitcoin Cash to Casa de Amparo Children’s Shelter
Jun04

Roger Ver Donates $10K in Bitcoin Cash to Casa de Amparo Children’s Shelter

Just recently Bitcoin.com’s Roger Ver donated $10,000 worth of bitcoin cash to the charitable organization Casa de Amparo, a 501(c)(3) charity that helps children escape child abuse and neglect. Since 1978, Casa de Amparo has offered a myriad of programs that help those affected by and at risk of child abuse in San Diego County. Casa de Amparo: A Major Force in the Field of Child Abuse Prevention In the 2019 28th edition of the...

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Despite Russia’s Confusing Crypto Laws, P2P Bitcoin Trade Volumes Soar
Jun04

Despite Russia’s Confusing Crypto Laws, P2P Bitcoin Trade Volumes Soar

Peer-to-peer cryptocurrency trading data shows digital assets like bitcoin are growing extremely popular in Russia, despite the State Duma’s opinions and regulations aimed at crypto assets. On Monday, the Russian government published a draft version of litigation mandates called “On Digital Financial Assets,” and lawmakers are looking for public opinion. Despite the strict proposal drafted by the Russian bureaucracy,...

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US Government Prediction: Economy Faces 10-Year Recovery, $8 Trillion Loss From Coronavirus
Jun04

US Government Prediction: Economy Faces 10-Year Recovery, $8 Trillion Loss From Coronavirus

The U.S. Congressional Budget Office has projected that the coronavirus crisis will cost the U.S. economy about $8 trillion. Many factors play a part in shrinking the economy, such as business closures, social distancing measures, consumer spending, a drop in energy prices, and recent legislation. Decade-Long Recovery Costing $8 Trillion The U.S. Congressional Budget Office (CBO), a federal agency that provides budget and economic...

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