Russian Policymakers Set To Deal Another Blow To Encryption
It if were up to Russian policymakers, Internet controls will become even more strict in the country moving forward. Labeled as an anti-terrorism campaign, there are plans to increase online surveillance measures. If this were to happen, ISPs would need to log metadata about customers for at last three years. Should this proposal pass, encryption will not safeguard user privacy anymore in the country. This new proposal was made by Irina Yarovaya, head of the Russian parliamentary security committee. Forcing ISPs to keep metadata on their users for three years is the just the beginning,....
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A Russian Dash fork is aiming to gain popularity in the Chinese market and “become the driving force behind the consolidation of (sic) Russian Blockchain community.” SibCoin, which describes itself as “employing additional encryption algorithms” to Dash, ostensibly to build on security, announced the China move in a press release on Tuesday. A Chinese language implementation on its website “opens the gate for China’s crypto-enthusiasts and professional traders alike,” the release claims. “SibСoin was created in 2015 as a ‘people’s patriotic project’ initially focused on the....
Discussions about encryption are becoming more of a norm than the exception these days, and the situation is only getting direr in certain regions. The Hungarian Parliament is in favour to ban end-to-end encryption in the not-so-distant future. Hungary Takes on End-to-End Encryption. According to local sources, the Hungarian parliament voted on an amendment which prohibits end-to-end encryption in the country. Similar to most other countries in the world taking an aggressive stance on encryption, they label this decision as part of the “ongoing war on terrorism in Hungary”. As a result of....
Two companies have carried out Russia’s first transactions with digital financial assets as defined by the country’s current legislation. The deal involved the tokenization of debt issued by a third party and its subsequent acquisition.
Russian Companies Conduct Issue and Placement of Digital Financial Assets
VTB Factoring, a subsidiary of Russian majority state-owned Vneshtorgbank (VTB), and the fintech firm Lighthouse have announced the first transactions for the issuance and placement of digital financial assets (DFAs). The latter is a broad legal term in....
Tor, the (in)famous encrypted web browser, may not be strong enough to resist the next generation’s attacks on encryption. What will the next generation of encryption tools look like? Tor came to the forefront of the privacy debate through providing an encrypted web browser used by such services as the Silk Road. In the years since Edward Snowden leaked the NSA’s mass collection of metadata, the amount of Internet users interested in encryption grew dramatically. However, Tor’s encryption may not be completely trusted. In fact, 80% of user types may be de-anonymized within six months,....
Encryption has always been a hot topic in the world of technology and innovation. Not only does encryption allow both consumers and businesses to keep data safe from prying eyes, but it has also been a thorn in the side of governments around the world. The French government is not a fan of backdoors to break encryption, whereas a recent New York Bill....