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FRANCIS ⚜️ BULLBITCOIN.COM
@francispouliot_
Building infrastructure for Bitcoin self-custody since 2013. Founder of French-Canadian
5.5K Following    113.8K Followers
Okay... this is actually a big deal “the Trump Administration supports the ability of lawful users of digital assets to privately transact on a public blockchain.” The report also acknowledged that although illicit actors “use mixers to obfuscate and launder funds . . . lawful users of digital assets may leverage mixers to enable financial privacy when transacting through public blockchains.”  FinCEN is withdrawing its finding that international CVC Mixing is a class of transactions of primary laundering concern, and the proposed rule, published on October 23, 2023, seeking to impose special measure one regarding international CVC Mixing. While FinCEN maintains that illicit actors continue to use mixers and other tools and methods to hinder law enforcement investigations, this withdrawal is informed by the concerns from commentors that the expansive definition of CVC mixing in the proposed rule could have a chilling effect on legitimate activity and place a large reporting burden on covered financial institutions.
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BULL just upgraded its CLN nodes used by the exchange. We never shut them down. We did security reviews early august and had temporarily prevented new channel opens to mitigate risks. Thanks @Core_LN for the patch! People should upgrade. We also upgraded LND too.
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Payjoin 1.0.0 has been released! What a journey it has been. Congrats to the PDK team. Expect excellent news on the same to follow shortly. We at BULL been working very hard to improve Payjoin, it's privacy and its adoption across the network.
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Covenant bros: Covenants can allow a multisig co-sign server to enforce a monthly spend limit (or any type of frequency) directly on chain? Is this correct and if so, which proposals? Are there other ways to achieve provably enforced spend limits with current consensus?
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We at BULL fully endorse this initiative. We will shortly be publishing our endorsement letter for other Bitcoin companies to follow.
Advisory for BULL users on Boltz suspending its services. We have been working all day on solutions. In progress. Read my personal comment in the replies.
Our website dedicated to fighting back against dac8 is now the 2nd google result when searching for dac8. Very, very satisfying.