Security News > 2018 > June > Regulating Bitcoin
2018-06-05 11:32
Ross Anderson has a new paper on cryptocurrency exchanges. From his blog: Bitcoin Redux explains what's going wrong in the world of cryptocurrencies. The bitcoin exchanges are developing into a shadow banking system, which do not give their customers actual bitcoin but rather display a "balance" and allow them to transact with others. However if Alice sends Bob a bitcoin,...
News URL
https://www.schneier.com/blog/archives/2018/06/regulating_bitc.html