US Senate Committee Releases Anti-Encryption Proposal
Encryption is a hot topic among digital currency enthusiasts, as it not only protects privacy but it is also a more secure method of dealing with various aspects of life. The new encryption bill draft by the Intelligence Committee has caused a lot of backlash, and understandably so. Although this excuse has been all but milked out, the new encryption bill draft – called Compliance with Court Orders Act of 2016 – is designed to “protect Americans from criminals and terrorists”. It is not the first time this line has been used, nor will it be the last time, as the government has an....
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Reuben Bramanathan is associate counsel at Coinbase and Lecturer of Digital Currency Regulation at the University of Nicosia. He was involved with a number of submissions to the Australian Senate inquiry. Here, he explains the importance of the Senate Economics References Committee Report on Digital Currencies and what it means for bitcoin. The release of the Senate Economics References Committee Report on Digital Currencies marks the start of the next phase for bitcoin in Australia. The 74-page report, which is the result of 10 months of hearings, submissions and research by the....