cryptocurrency security

According to reports US lawmakers and the Department of Justice want to ban end-to-end encryption in the name of protecting the children. This could have implications for cryptocurrency.

Encryption Embargo
The reports are suggesting that Attorney General William Barr has questioned the use of encryption to turn devices into ‘law-free zones’.
The primary concern is firms like Apple which have full control over their devices and refuse to provide a backdoor to aid law enforcement in criminal investigations and other matters of national security.
US Senator Lindsey Graham, chair of the Senate Judiciary Committee, is drafting a new bill that could potentially outlaw the use of encryption in the name of protecting children. He has repeatedly called the iPhone a ‘safe haven for criminals’.
At the White House Summit on Human…

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