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Senators Demand Big Tech Release Encrypted Data To Law Enforcement

PYMNTS

The lawmakers warned that both companies should allow for “backdoor” access to law enforcement or they would be forced to regulate the technology. and Australia, all called on the social media giant to stop the plan to use encryption unless it gave law enforcement access. . That is not something we are prepared to do.”.

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Senators Demand That Big Tech Releases Encrypted Data To Law Enforcement

PYMNTS

The lawmakers warned that both companies should allow for “backdoor” access to law enforcement or they would be forced to regulate the technology. and Australia, all called on the social media giant to stop the plan to use encryption unless it gave law enforcement access. . That is not something we are prepared to do.”.

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Privacy coins face existential threat amid regulatory pinch

Payments Source

The subset of digital assets dubbed privacy coins, which have long delighted libertarians and frustrated law enforcement, are feeling the pinch of a step up in regulation.

Privacy 106
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New Facial Recognition Policy Signed Into Law In Washington State

PYMNTS

“This legislation represents a significant breakthrough – the first time a state or nation has passed a new law devoted exclusively to putting guardrails in place for the use of facial recognition technology,” Smith said in the post. In our view, this required a legal floor of responsibility, governed by the rule of law,” Smith said.

Laws 121
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UK Google Users Will Be Under US, Not EU Privacy Protections

PYMNTS

Because of the change, data and privacy will leave the data of tens of millions of people under less protection, and it will be subject to more scrutiny by British law enforcement. developments such as the Cloud Act, however, will make it easier for British law enforcement to obtain data from Google and others.

Privacy 56
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Proposed US Law Could Hamper End-To-End Encryption

PYMNTS

It accomplishes that by threatening a critical immunity named Section 230 that firms have with federal law. tech industry reportedly is worried that those “best practices” will be tapped to condemn a technology for privacy that allows messages to only be decoded by the intended recipient and sender that is known as end-to-end encryption.

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Understanding Crypto Money Laundering, and How to Get a Handle on It

Fintech News

These figures underscore the immense challenge facing regulators and law enforcement agencies in their efforts to curb illicit financial flows in the crypto space. Crypto Obfuscation Services: Mixers, Privacy Coins, and Bridges Mixers, also known as tumblers, have seen fluctuating popularity as a tool for money laundering.