Privacy should be considered in ‘potential retail CBDC’ — Treasury official

    U.S. Treasury official Graham Steele told an audience at a Texas payments conference that a future CBDC in America should consider anonymity. 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…

    Sanctions couldn’t ‘pull the plug’ on Tornado Cash: Chainalysis

    While it has become harder to access the crypto mixer today, for better or worse, decentralization means it’s near impossible to put an end to it. Sanctions aimed at decentralized crypto mixer Tornado Cash weren’t able to completely cut off its usage, though it has hamstrung the service, a blockchain analytics firm has shared. On…

    Dash «payment» ambitions

    The name DASH obviously indicates speed, but it also stands for “dark cash”. The idea for Dash is to make crypto an analog of cash money, both in terms of simplicity in use and anonymity. The plan, it must be said, is really quite ambitious, considering how other truly anonymous cryptocurrencies (e.g., Monero) mostly focus…

    U.S. Congressman wants courts to ‘reverse’ crypto transactions over ransomware attacks

    U.S. Congressman Bill Foster has suggested that laws must allow federal courts to identify digital-asset holders and reverse blockchain transactions in Bitcoin and other digital currencies. But it’s doubtful that many crypto investors would like that policy. Speaking at a virtual event hosted by Axios on June 29, Bill Foster, U.S. congressman and Democratic Rep…