• digital yuan mandatory
    Cryptocurrencies,  Regulation

    Acceptance of China’s upcoming digital yuan mandatory

    Businesses and individuals will be required to accept the central bank digital currency once it is launched, according to a representative of the People’s Bank of China

    As a consequence of it being classified as part of the cash supply, the upcoming CBDC will have to comply with the laws that currently regulate cash. This includes the mandatory acceptance of the digital currency as a means of payment.

  • Chainalysis tracks Dash and Zcash
    Cryptocurrencies,  Technology

    Chainalysis touts ability to track ‘privacy coins’ Dash and Zcash… but how?

    Those who use these cryptocurrencies for illicit transactions are more exposed than they think, even if they’re among the tiny group who actually use their obfuscation tools

    The blockchain intelligence firm says it is now able to investigate illicit payments made using Zcash and Dash. And, the company said, this can be done in a way that balances privacy and compliance.

  • RenVM bridges blockchains
    Cryptocurrencies,  Technology

    RenVM bridges Bitcoin, Ethereum blockchains

    Ren says its ultimate goal is to connect ‘any imaginable pair of blockchain-based tokens’—telling Modern Consensus this could start happening within months

    An open decentralized finance protocol has launched its core product today: RenVM bridges blockchains, enabling Bitcoin, Bitcoin Cash, and Zcash to be brought to the Ethereum blockchain.

  • Zcash traceable
    Alt coins,  Technology

    Without a trace? Not Zcash, researchers warn

    It has been billed as a privacy coin boasting advanced cryptographic technology, but new research suggests these features are going unused

    A new study by Carnegie Mellon University has uncovered a huge problem with one of the biggest privacy coins… just 0.09% of Zcash transactions in a 30-day period were untraceable.