Pentagon Taps Inca Digital To Examine Crypto Risks To National Security
The Pentagon is spearheading a new program in order to deeply look into different types of cryptocurrencies and find out what kind of risks they could pose to national security and law enforcement, a Friday report published by The Washington Post disclosed. The Defense Advanced Research Projects Agency, the research and development arm of the […]
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The creator of the Nakamoto Terminal will help government and business understand the interaction of traditional and digital financial systems and track money into and out of blockchains. Digital asset data analytics company Inca Digital will study the implications of digital assets for national security under a year-long contract with the Defense Advanced Research Projects Agency (DARPA), the company announced Sept. 23. DARPA is the R&D branch of the United States Department of Defense. Inca Digital will work on a project called "Mapping the Impact of Digital Financial Assets" that will....
In a recent report, The New York Times has uncovered alleged national security concerns surrounding Chinese-owned Bitcoin (BTC) mining operations on US soil. The focus is on a crypto-mining facility in Cheyenne, Wyoming, which raised alarm bells due to its proximity to a Microsoft data center supporting the Pentagon and an Air Force base responsible […]
The U.S. government is reportedly concerned that China’s digital yuan could threaten the U.S. dollar’s status as the world’s dominant reserve currency. Officials at the Treasury, State Department, Pentagon, and National Security Council are increasing their efforts to understand the implications of China’s central bank digital currency. Digital Yuan Could Be a Threat to US Dollar The U.S. government is reportedly increasing scrutiny of China’s digital yuan. Some government officials are concerned that the Chinese central bank digital currency “could kick....
Russian parliamentarians have cautioned against risks associated with the introduction of a digital ruble. Among them are the likely increase of competition pressure on banks and new challenges that may arise in the field of information security. Financial Market Committee Sees Threats in Digital Ruble Project Russia’s digital fiat, currently under development, brings certain risks that lawmakers want the central bank to carefully examine. The implementation of the digital ruble may pose a challenge for the country’s financial sector, members of the important Financial....
UK's HM Treasury invites views and evidence on the risks and benefits of digital currencies in a Call for Information. UK's economic and finance ministry, the HM Treasury, announced on November 3, it was holding a public Call for Information on digital currencies. The organization will be gathering views and opinions on the advantages and the risks involved in dealing with digital currencies, in order to decide "whether [the government] should take action to support innovation in this area," while "examining the risks presented by digital currencies, and assessing whether action is....