Will your privately-held crypto wallet remain private?

Bitcoin Talk and Cryptocurrencies Cryptocurrency In the News
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Will the Trump Administration Rush to Secure Crypto Wallet Rules?

Excerpt –

If you are holding cryptocurrency to maintain transactional privacy outside of the banking system, then be warned – that may soon come to an end.

As part of a larger global effort, the US Treasury may impose data-collection requirements on financial institutions for individuals who hold digital wallets.

That spells the end to your privacy as a cryptocurrency holder. And part of any crypto’s value is its privacy. It’s amazing how easily and quickly that can happen.

Article in GSI Exchange (reprinted from CoinDesk) –

Here is the original article from CoinDesk

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I don’t think the transactions are actually private. I read somewhere that they are public knowledge and anyone can see them and are very much traceable.