New Dutch Law on Bulk Surveillance to Tap in Bitcoin Network?
A new law introduced in the Netherlands could allow surveillance to tap in the bitcoin network if investigations require it. This puts the anonymity of transactions using the cryptocurrency in question, as this is one of the appealing features of bitcoin. Last week, the Dutch government released the bill for public consultation, which means that there's still an opportunity for members of the bitcoin network to weigh in their suggestions. This bill would overhaul the Dutch Intelligence and Security Act of 2002, which covers the regulation of online surveillance. Bitcoin Network....
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In the past year and a half, a lot of focus has been put onto privacy and how governments have been spying on both citizens of their own country, as well as other officials in foreign countries. A draft bill has surfaced in The Netherlands, which would regulate bulk surveillance from an online perspective. Our society has been evolving in such a way that most people have [gladly] given up their privacy in return for more convenient ways to spend their lives. However, every time the topic of privacy comes up, these same people are the first ones to complain about how their human rights are....
An anonymous Reddit user who self-identifies as bank employee posted a warning saying that his bank received a memo from the national financial institute, with instructions to report anyone who receives more than €1,000 that may be linked to Bitcoin. The five-page memo outlines how surveillance works, how the network is monitored and says that some bitcoin exchanges have been unwilling to cooperate with the authorities. The memo is accompanied by a report, issued by E. U. law enforcement agency Europol, stating that 84 accounts in the country (which hasn't been disclosed) have been flagged....
Security token platform Dusk Network has become a shareholder of a Dutch stock exchange as part of both firms' plans for share tokenization.
If you are making a purchase using bitcoin in the Netherlands, you may soon be exempt from VAT. Dutch Bitcoin news website Coincourant.nl reported that Jacob Kamminga, the Dutch Minister of Finance. Speaking at the Free University of Amsterdam, or Vrije Universiteit Amsterdam during a debate, he indicated that the government may exempt bitcoin from VAT. While this is still not the official position of the Dutch government, Finance Minister Kamminga's view should be seen to be a harbinger of good news for the Dutch Bitcoin community. Under current Dutch law if you pay by bitcoin, that sale....
As the UK parliament is on the precipice of passing a new surveillance bill into law, one British engineer is trying to halt its progress through an anonymizing system that runs on top of the Tor anonymity network. OnionDSL: The Tor-based ISP. British lawmakers are on the verge of passing a new law that expands the government’s ability to snoop on its citizens, and one network engineer believes he has a way to counter it. The bill, which is championed by current Prime Minister Theresa May, generally aims to implement mass government surveillance throughout the UK. Also called “Snoopers’....