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Cryptocurrencies Have ‘No Way’ to Comply With US Anti-Encryption Bills

From coindesk.com

Multiple bills that threaten encryption are moving through the U.S. Senate and could pose a threat to technology that protects users’ privacy, industry pros say. These bills include the Lawful Access to Encrypted Data (LAED) Act and the Eliminating Abusive and Rampant Neglect of Interactive Technologies (“EARN IT”) Act. While the Lawful Access to Encrypted Data Act was only recently introduced to the Senate, the EARN IT act has been in the works for months, and has been amended a number of times. Privacy advocates and product designers say such legislation would also curtail people’s privacy to a huge degree, ... (full story)

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  • Category: Fundamental Analysis