• Cryptocurrencies,  Regulation

    No privacy for digital currencies: Sweden’s central bank

    According to the Sveriges Riksbank, central bank digital currencies cannot possibly have the same level of privacy as cash

    Sveriges Riksbank researchers argue that “all CBDC payments will involve reconciliation with one or more remote ledgers” that track the transactions and ownership to prevent double-spends. This requirement—according to the bank—should squash the hopes for a cash-like anonymous digital currency.

  • Bison Trails double-signing software
    Technology

    Bison Trails to support privacy-focused Oasis Network

    The move is part of the ongoing collaboration between the infrastructure-as-a-service firm and privacy-focused blockchain foundation

    Bison Trails will support the Oasis Network following collaboration on the protocol’s development over the last year. That will make setting up a node on the proof-of-stake network possible with just a few clicks.

  • Blockchain break EU privacy law
    Regulation

    Blockchain may break EU privacy law—and it could get messy

    In Europe, citizens have the right to be forgotten by search engines, but this isn’t very compatible with blockchain’s uneditable nature

    This doesn’t necessarily mean that damaging news articles about someone (or their embarrassing photos) would be deleted forever, but a person may be entitled to have Google search results and Wikipedia references that link to them expunged—the equivalent of removing a book from a library’s index system. Now, someone would only be able to see this content if they knew exactly where to look.

  • This is for my boyfriend, so don't tell my husband! (Library of Congress via Wikimedia Commons).
    Cryptocurrencies,  Regulation

    Rationing Privacy: ECB suggests digital currency ‘anonymity vouchers’

    An EU-issued central bank digital currency could provide an allowance of tokens good for keeping Big Brother from looking at your spending

    Planning to score some cocaine before meeting your girlfriend at a hotel? Neither the cops nor your wife will be any the wiser if you use some of the “anonymity vouchers” Europe’s central bank just proposed building into an e-euro. It’s kind of like trying to sneak across a room unseen by screaming, “nobody look at me!”