• About
  • Landing Page
  • Buy JNews
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Having The Bitcoin Privacy Discussion With Politicians Will Be Difficult — Please Help

SB Crypto Guru News by SB Crypto Guru News
March 21, 2025
in Bitcoin
0 0
0
Having The Bitcoin Privacy Discussion With Politicians Will Be Difficult — Please Help


I’ve spoken with a number of politicians in the past few weeks. They all see bitcoin as a store of value and believe that U.S. citizens have the right to hold their private keys.

I can’t say that it doesn’t feel good to hear U.S. elected officials express these views and even propose bills that would codify pro-bitcoin legislation into law. It’s surely refreshing, especially after the political antagonism that Bitcoiners and the Bitcoin industry endured under the Biden administration.

With that said, there is still work to be done, and much of that work involves advocating to preserve our right to transact with bitcoin privately.

One of the best privacy-preserving tools we have at the Bitcoin base layer is bitcoin mixers, which help users to anonymize their transactions.

And one of the most well-known mixers was Samourai Wallet, which enabled users to mix their bitcoin in a noncustodial fashion. That is, the developers and maintainers of the wallet never touched users’ private keys.

This software was shut down early last year, though, when the U.S. Department of Justice (DoJ) pressed charges against the Samourai developers including conspiracy to operate an unlicensed money transmitting business and conspiracy to commit money laundering charges. (The developers of Tornado Cash, open-source mixing software deployed on Ethereum, are also facing similar charges.)

Some politicians, including Senator Cynthia Lummis (R-WY) and Ron Wyden (D-OR) have come out in support of the Samourai developers, drafting a letter to the former U.S. Attorney General, the Honorable Merrick Garland, in which they outlined that the developers clearly did not operate a money transmitting business as per the definition of such a business in FinCEN guidance from 2019. (With that said, Senator Lummis has also coauthored a bill in which she calls for the U.S. Treasury to “conduct a study on combatting anonymous crypto asset transactions like asset mixers,” but I digress.)

Mixers are incredibly important for human rights activists who need to maintain their anonymity when sending and receiving funds as well as to everyday people who value transactional privacy.

Therefore, we need to bring this issue to the attention of politicians, as many are unfamiliar with it, so to hopefully have more of them come out in defense of the Samourai developers and to see the importance of preserving U.S. citizens’ right to use mixers.

For this reason, I’m asking you to use the letter template published by my colleague Shinobi at the end of this piece to write your representatives.

Just as we’ve rallied to Free Ross and to protect the right to self custody, we must rally in support of transactional privacy.

This is something that I, the political correspondent for this publication, cannot do alone. I need your help. So, please heed this call to action and inform your representatives about this matter so that by the time I have a conversation with them about it, they have some understanding of the issue.



Source link

Tags: BitcoinBitcoin NewsCrypto NewsCrypto UpdatesDifficultDiscussionLatest News on CryptoPoliticiansprivacySB Crypto Guru News
Previous Post

Is Bitcoin Price Performance In 2025 Repeating 2017 Bull Cycle?

Next Post

Matisse wanted to buy a Van Gogh portrait—instead, his brother bought a bicycle – The Art Newspaper

Next Post
Matisse wanted to buy a Van Gogh portrait—instead, his brother bought a bicycle – The Art Newspaper

Matisse wanted to buy a Van Gogh portrait—instead, his brother bought a bicycle - The Art Newspaper

  • Trending
  • Comments
  • Latest
How to Get Token Prices with an RPC Node – Moralis Web3

How to Get Token Prices with an RPC Node – Moralis Web3

September 3, 2024
Meta Pumps a Further  Million into Horizon Metaverse

Meta Pumps a Further $50 Million into Horizon Metaverse

February 24, 2025
AI & Immersive Learning: Accelerating Skill Development with AI and XR

AI & Immersive Learning: Accelerating Skill Development with AI and XR

June 4, 2025
The Metaverse is Coming Back! – According to Meta

The Metaverse is Coming Back! – According to Meta

February 7, 2025
NFT Rarity API – How to Get an NFT’s Rarity Ranking – Moralis Web3

NFT Rarity API – How to Get an NFT’s Rarity Ranking – Moralis Web3

September 6, 2024
Samsung Unveils ‘Moohan’ to Compete with Quest, Vision Pro

Samsung Unveils ‘Moohan’ to Compete with Quest, Vision Pro

January 29, 2025
FTX EU (Now Trek Labs) Paid €200K in Latest CySEC Settlement

FTX EU (Now Trek Labs) Paid €200K in Latest CySEC Settlement

0
Bitcoin Miner Riot Produces 450 Bitcoin In June

Bitcoin Miner Riot Produces 450 Bitcoin In June

0
Cloudflare to Blocks AI Bots by Default

Cloudflare to Blocks AI Bots by Default

0
How to Deal With Negative Articles on Google

How to Deal With Negative Articles on Google

0
Analyst Shares Bitcoin Cheat Sheet Showing When The Bull Run Begins

Analyst Shares Bitcoin Cheat Sheet Showing When The Bull Run Begins

0
Ripple Unveils New Accelerator to Boost XRP Ledger Innovation in DeFi and AI

Ripple Unveils New Accelerator to Boost XRP Ledger Innovation in DeFi and AI

0
Analyst Shares Bitcoin Cheat Sheet Showing When The Bull Run Begins

Analyst Shares Bitcoin Cheat Sheet Showing When The Bull Run Begins

July 5, 2025
Ripple Unveils New Accelerator to Boost XRP Ledger Innovation in DeFi and AI

Ripple Unveils New Accelerator to Boost XRP Ledger Innovation in DeFi and AI

July 5, 2025
Nano Labs Buys  Million in BNB, Grows Digital Reserve to 0 Million

Nano Labs Buys $50 Million in BNB, Grows Digital Reserve to $160 Million

July 5, 2025
Squeeze a Whole Business Book into Your Lunch Break

Squeeze a Whole Business Book into Your Lunch Break

July 5, 2025
Crypto Market Cap On Track To .5 Trillion As Q3 2025 Unfolds

Crypto Market Cap On Track To $4.5 Trillion As Q3 2025 Unfolds

July 5, 2025
Bitcoin Price Could Resume Uptrend If 5,000 Support Holds — Here’s How

Bitcoin Price Could Resume Uptrend If $105,000 Support Holds — Here’s How

July 5, 2025
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at SB Crypto Guru News.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.