A new law introduced in the Netherlands last week could allow surveillance to tap the Bitcoin network, the Irish company Spartan Route comes to the rescue of Greek businesses with an innovative service proposal using Bitcoin to avoid capital controls, and more top stories for July 7.
New Dutch Law on Bulk Surveillance Allows Tapping of Bitcoin Network
A new law introduced in the Netherlands last week could allow surveillance operations to tap the Bitcoin network if investigations require it. The Dutch government released the bill for public consultation, meaning that there is still an opportunity for members of the Bitcoin community to weigh in with their suggestions.
According to technical security consultant Matthijs Koot:
“The services are authorized to, using a technical aid, wiretap, receive, record and listen to any form of telecommunications or data transfer via an automated work [a computerized system] regardless of location.”
Irish Company Offers Invoicing and Bitcoin Payment Service to Greek Businesses
With the banking system locked down, capital controls are preventing Greek citizens from accessing cash, disrupting the country’s economy. Now, Irish venture Spartan Route has come to the rescue of Greek businesses with an innovative service proposal: they will invoice their Greek clients’ foreign customers in euros, collect payment, then send Bitcoin back to Greece.
Spartan Route states:
“Bitcoin can […] help the Greek export industry to stay intact, economic sanctions make it near impossible from many Greek business [sic] to operate and survive. The adoption of Bitcoin can help transcend these trade barriers, opening up Greek exports to the world once more.”
Trustee Extends Online Deadline for Mt. Gox Claimants
Customers affected by Mt. Gox’s insolvency have been given more time to file their online bankruptcy claims. A document from bankruptcy trustee Nobuaki Kobayashi, released on the former exchange’s webpage, indicated the deadline has been
Originally appeared at: http://cointelegraph.com/news/114773/new-dutch-law-on-bulk-surveillance-allows-tapping-of-bitcoin-network
JUL 7 DIGEST: New Dutch Law on Bulk Surveillance Allows Bitcoin Network … is a story from: BitcoinWarrior.net