Blockchain Bites: BitLicense Feedback, Digital Yuan Trial and How US Bills Could Threaten Privacy
China will trial its digital yuan with a mega food retailer, U.S. bills are seriously threatening online privacy and an a16z alum is launching a venture firm focused on distributed tech. In the bulletin, dated May 1, the FBI argues criminals and foreign adversaries of the U.S. “likely” use hedge funds, private equity and other investment vehicles to circumvent financial institutions’ anti-money laundering (AML) procedures.
Tech pod Bitcoin Smart Contracts Bitcoin Core contributor Jeremy Rubin has revealed his work on a new smart-contract language for Bitcoin, which he hopes will increase the “financial self-sovereignty” of users. Opinion American Mindshare J.P. Koning, a CoinDesk columnist and owner of the popular Moneyness blog, looks into the Federal Reserve’s annual “Survey of Consumer Choice” and determines bitcoin has American mindshare, but few users.