US Congressman expresses importance of crypto wallet privacy
Cynthia Lummis and Warren Davidson speak on Bitcoin's importance and personal privacy during an interview at Bitcoin 2021 in Miami. At the bustling Bitcoin 2021 conference in Miami, Congressman Warren Davidson, alongside United States Senator Cynthia Lummis, sat down to field interview questions. The interview took a turn toward privacy, with Davidson responding with comments on crypto wallets. “At the end of the year, if you think about it, Secretary Mnuchin was talking about banning private wallets,” Davidson said, responding to a question about the possibility of over-regulation in....
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A U.S. congressman has introduced the “Keep Your Coins Act” in order to “preserve Americans’ right to privacy in transacting with crypto assets.” The lawmaker says, “this legislation would prohibit any federal agency from promulgating a rule that would impair a person’s ability to act as self-custodian.”
US Lawmaker Seeks to Protect Privacy in Crypto Transactions With ‘Keep Your Coins Act’
The office of Congressman Warren Davidson (OH-R) announced Thursday that the lawmaker has introduced the Keep Your....
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Bitcoin wallet providers haven't focused on increasing privacy to promote consumer financial independence and safety over the last year, according to the Open Bitcoin Privacy Project’s (OBPP) second edition survey. As no provider received a score of more than 50 out of 100, the OBPP suggests privacy work has stagnated within the bitcoin wallet industry and that improvements to these services are greatly needed. While new bitcoin wallet providers have begun adopting hierarchical deterministic (HD) architecture for advanced security, the OBPP contends that many privacy advances from 2014,....