Saturday, May 4, 2024
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Elizabeth Warren’s New Financial Surveillance Bill Is a Disaster for Privacy and Civil Liberties

In introducing the bill, Sen. Warren used the refrain that privacy-enhancing technology facilitates crime. This is wrong, and it’s exactly the line of reasoning we hear from critics of end-to-end encryption and Tor (which enables anonymous web browsing). That a technology could be used to violate the law does not

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Elon Musk Criticizes Remote Work as Workers Are Increasingly Worried About Surveillance in Metaverse Environments – Metaverse Bitcoin News

Elon Musk, CEO of Tesla and Spacex, said that remote work was no longer acceptable for Tesla workers in May. According to Qatalog and GitLab, remote workers spend extra time weekly trying to prove they are online and working to their employers. But metaverse environments, a futuristic approach to remote

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SEC Willing To Approve a Spot Bitcoin ETF if Adequate Surveillance Measures Are in Place

The United States Securities and Exchange Commission seems willing to approve a spot ETF if adequate surveillance measures are in place.A footnote in a recent letter said as much, saying that it would overcome concerns about investor protection.The SEC is stubborn in its demands for investor protection and wants more

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US Senator Cruz Introduces Bill to Prevent Federal Reserve From Using Digital Currency as Surveillance Tool – Regulation Bitcoin News

U.S. Senator Ted Cruz has introduced legislation to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals and competing with the private sector. The senator from Texas warned that not only would this CBDC model centralize financial information, leaving it vulnerable to attack, but

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China’s Digital Currency Could Subvert US Sanctions, Enhance Surveillance Capabilities – Regulation Bitcoin News

A U.S. senator has warned about China’s central bank digital currency. “Analysts have raised the eCNY’s potential to subvert U.S. sanctions, facilitate illicit money flows, enhance China’s surveillance capabilities, and provide Beijing with ‘first mover’ advantages,” the senator informed Treasury Secretary Janet Yellen. U.S. Senator Warns About the Threat From China’s

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Tucked Inside Biden Infrastructure Bill: Unconstitutional Crypto Surveillance

Before U.S. President Joe Biden signed the Infrastructure Investment and Jobs Act into law in November, many groups spoke out against a provision that broadens the tax code’s definition of “broker.” But there is another hidden cryptocurrency provision in this new law that amends part of the tax code in

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