CFTC Commissioner proposes reducing anonymity of crypto to manage risks.
A commissioner of the United States Commodity Futures Trading Commission , Christy Goldsmith Romero, has proposed reducing the anonymity of cryptocurrencies as a means of managing the risks associated with digital assets. The statement was made during the keynote speech on Illicit Finance and Other Key Risks of Digital Finance at City Week 2023 in London on April 25.
Reducing illicit finance risks in the cryptocurrency market requires addressing the challenge of identity verification, Romero said. Although the public blockchain offers some transparency and traceability, theand anonymity-enhancing technology increases the potential for substantial risk, she added. In her words:
A crypto mixer is a service that blends the cryptocurrencies of many users together to confuse the origins and owners of the funds. Because Bitcoin, Ethereum, and most other public blockchains are transparent, this level of privacy is otherwise hard to achieve.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
The Other Stephen King and George Romero Classic: The Quiet Fury of The Dark Half30 years ago, George Romero tackled Stephen King outside of an anthology - and it's better than you remember. awalrusdarkly looks back at The Dark Half:
Weiterlesen »
With ‘Dialect,’ Felipe Romero Beltrán Reinvents Documentary PhotographyThe photographer’s latest book documents a group of migrant men making the journey from Morocco to Spain.
Weiterlesen »
Morgan Stanley identifies 5 European stocks with downside risks ahead of earnings seasonThe Wall Street bank believes stock markets have priced in a potential 'over-earning' thanks to the 10% rally in the Stoxx Europe 600 index this year.
Weiterlesen »
Bitcoin price crawls 2.5% off lows as weekly chart risks 'bearish engulfing'Bitcoin crawls into the weekly close with BTC price risking a 'bearish engulfing' candle.
Weiterlesen »
Why company earnings are so upbeat despite recession, credit-crunch risksThe earnings season is off to a strong start even as recession looms and a credit squeeze sets in. Here's why, according to experts.
Weiterlesen »
Wolfe Research downgrades this outperforming A.I. stock, says shares could fall 30% as growth risks loomDespite surging nearly 80% this year, Wolfe Research expects slowing growth concerns to weigh on shares of this artificial intelligence stock
Weiterlesen »