Undisclosed XRP Memo From 2018 Reopens Old Wounds As Security Arguments Erupt

An internal JPMorgan memo reveals that the lender plans to invest $9 billion in technology like robotics and the blockchain, according to Business Insider, which claims to have seen the memo. Daniel Pinto, the head of JPMorgan’s corporate and investment bank, sent the memo, which claims a major priority is to pursue innovative technologies in which they have been investing. Internal working groups have made “significant advances” and will receive additional freedom to create marketing leading platforms in the next year, the memo states. JPMorgan also has established teams for robotics,....

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....

A newly-released memorandum dating back to May 2013 (and obtained via the Canadian Access to Intermation Act) originating at the Canadian Finance Department suggests that bitcoin and digital currencies could serve as "an attractive payment method for criminals," The Canadian Press reports. The internal memo was said to have been prepared for now-deceased finance minister Mr. Jim Flaherty, and while it makes no indication as to what the levels of abuse are, it does make clear that bitcoin can be used for illicit purposed. Sound familiar? That's because cash can be used for these purposes,....

The European Commission said today it is assessing whether digital currencies like bitcoin fuel terrorist financing and money laundering as part of a new security report. In a 17th November memo, the Commission outlined its view of the state of security in the European Union (EU), a publication that comes days after more than 100 people died in a series of attacks in Paris, France. According to the memo, the Commission is investigating terrorism financing risks in the EU following the adoption of an anti-money laundering framework earlier this year, a process it said will pay "particular....

Two years ago, an onchain social network called memo.cash was launched and the application has developed quite a bit since then. On Tuesday, the Memo team revealed that the platform is now available for iOS phones via the App Store. Apple users can now connect to the social network that etches a user’s content to the Bitcoin Cash blockchain. During the last few years, especially with deplatforming on the rise, uncensorable forums, immutable streaming video apps, and onchain social media projects have been developed. Worldwide governments in collaboration with Big Tech have managed....