Bitcoin hits record high as Trump vows to end crypto crackdown
Bitcoin hits record high as Trump vows to end crypto crackdown
Trump plans to shake up the SEC by installing pro-crypto leaders.
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I highly doubt that "ending crypto crackdown" would mean guaranteeing safety for projects like Samourai or Localmonero. Or ending the relationship with Chainalysis.
Can you elaborate on these topics for someone not in the know?
Samourai was a Bitcoin wallet attempting to improve the currency's privacy. Its devs were arrested this year.
Localmonero was a platform where people could post listings for buying or selling Monero without KYC. There was also an identical sister site Agoradesk for Bitcoin. They abruptly shut down this year, probably afraid of similar prosecution (it happened pretty soon after the Samourai case).
Chainalysis is a company that US government works with, attempting to track and deanonymize crypto transactions. Recently a presentation of theirs leaked, disclosing some of their methods (which were very interesting for the Monero community in particular).
Thanks!
Chainalysis is a cryptocurrency/blockchain investigation software, I at least know that much.