Victory

Aleph Zero

Bitcoin

Partial

Zero

<span style="font-size: 11pt; font-family: Calibri,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline;">The EU has decided to drop its plans for the EU messaging apps scan. There has been some success for online privacy with this ruling, which will impact widely used apps like WhatsApp and Signal. The BIT Journal, according to news sources, reports that this might have far-reaching consequences for the entire digital ecosystem beyond messaging apps, including Bitcoin (BTC) and Ethereum (ETH). 
<span style="font-size: 11pt; font-family: Calibri,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline;">An effort to prevent child sexual abuse and other illegal acts included scanning chat apps in the European Union. Despite the good intentions of the bill’s sponsors, many are worried that it will decrease end-to-end encryption and other privacy issues. Tech businesses and privacy advocates have reacted cautiously optimistic to the decision to remove EU messaging apps scan from the bill. The latest crypto updates discuss the potential indirect effects of the EU’s decision on the cryptocurrency market.&nbsp; 
<h2 dir="ltr" style="line-height: 1.38; text-align: justify; margin-top: 18pt; margin-bottom: 6pt;" id="span-style-font-size-20pt-font-family-calibri-sans-serif-color-000000-background-color-transparent-font-weight-bold-font-style-normal-font-variant-normal-text-decoration-none-vertical-align-baseline-implications-of-the-eu-messaging-apps-scan-bill-for-privacy-and-security-span"><span style="font-size: 20pt; font-family: Calibri,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline;">Implications of the EU Messaging Apps Scan Bill for Privacy and Security</h2> 
<span style="font-size: 11pt; font-family: Calibri,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline;">Dropping the plans for EU messaging apps scan plans has significant implications for privacy and security in the digital realm. Most importantly, it keeps popular messaging apps’ end-to-end encryption intact. According to findings, encryption is vital for private conversations and safe financial matters, including BTC transactions. 
<span style="font-size: 11pt; font-family: Calibri,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline;">An essential tool for safeguarding sensitive information is WhatsApp’s end-to-end encryption. It guarantees that no one other than the sender and the recipient can decipher the messages. There may have been security holes that bad actors may have exploited if the <a style="text-decoration: none;" href="https://www.techradar.com/computing/cyber-security/proposed-eu-chat-control-law-wants-permission-to-scan-your-whatsapp-messages" rel="nofollow noopener" target="_blank"><span style="font-size: 11pt; font-family: Calibri,sans-serif; color: #1155cc; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: underline; vertical-align: baseline;">EU chat control</a><span style="font-size: 11pt; font-family: Calibri,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline;"> had been deployed. Given the critical nature of privacy and security for digital currencies like Bitcoin and Ethereum, this is of utmost importance. 
<span style="font-size: 11pt; font-family: Calibri,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline;">AI would scan photographs, videos, and URLs for child sexual abuse material in Chat Control 2’s mass surveillance proposal. When it became evident the proposal would fail, a vote was cancelled on June 20. Aleph Zero co-founder Matthew Nimerg called the law poorly designed. He said, “This proposal wouldn’t even stop technically savvy criminals from using other open-source software tools to bypass the law and ends up only harming good actors.”&nbsp; 
 <img decoding="async" src="https://www.aljazeera.com/wp-content/uploads/2021/01/2021-01-13T220707Z_1367834426_RC2A7L9HBZS1_RTRMADP_3_SIGNAL-USERS.jpg?resize=1200%2C630" alt="Iran blocks Signal messaging app after WhatsApp exodus" title="WhatsApp and Signal Escape EU Messaging Apps Scan in &quot;A Partial Victory for Privacy&quot; 33"> 
<span style="font-size: 11pt; font-family: Calibri,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline;">The decision to scrap the EU messaging apps scan for WhatsApp and Signal is a good sign. It could mean that EU lawmakers may begin to understand the need to protect citizens’ privacy. From the latest crypto update, the European Union’s decision has far-reaching consequences for the cryptocurrency industry. In their analysis of this event, <a style="text-decoration: none;" href="https://thebitjournal.com/"><span style="font-size: 11pt; font-family: Calibri,sans-serif; color: #1155cc; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: underline; vertical-align: baseline;">the BIT Journal</a><span style="font-size: 11pt; font-family: Calibri,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline;"> highlighted that the EU messaging apps scan is part of a larger discourse. This centers around digital rights and regulations, even though it is not directly relevant to cryptocurrency. These conversations will eventually include cryptocurrencies like BTC ETH as they continue to acquire widespread adoption. 
<span style="font-size: 11pt; font-family: Calibri,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline;">This latest crypto news does not fail to serve as a reminder that regulatory news frequently triggers reactions in the cryptocurrency market. This includes big names like Ethereum (ETH) and Bitcoin (BTC). The recent crypto update reveals that cryptocurrency prices were unaffected by the European Union chat control bill. However, it does add to the regulatory landscape in which cryptocurrencies function. 
<h2 dir="ltr" style="line-height: 1.38; text-align: justify; margin-top: 18pt; margin-bottom: 6pt;" id="span-style-font-size-20pt-font-family-calibri-sans-serif-color-000000-background-color-transparent-font-weight-bold-font-style-normal-font-variant-normal-text-decoration-none-vertical-align-baseline-conclusion-the-ongoing-battle-for-digital-privacy-in-the-eu-span"><span style="font-size: 20pt; font-family: Calibri,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline;">Conclusion – The Ongoing Battle for Digital Privacy in the EU</h2> 
<span style="font-size: 11pt; font-family: Calibri,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline;">The decision to scrap the EU messaging apps scan for WhatsApp and Signal is a watershed moment in the long fight for citizens’ right to privacy. Even while WhatsApp and Signal survive the EU Chat Control bill, issues concerning privacy have just begun. These arguments will continue in the latest crypto news with the increasing crypto prevalence. The crypto community should take note of these developments. This is because they highlight the significance of actively participating in talks on regulation. BTC ETH and other cryptocurrencies are decentralized, yet regulation affects their acceptance. 
<span style="font-size: 11pt; font-family: Calibri,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline;">Ultimately, the fight for digital privacy is far from over, even though the European Union’s decision to end the scanning of messaging apps is good news for privacy activists. Cryptos like BTC and ETH will inevitably factor into these larger conversations around digital rights and regulations. The EU messaging apps scan did not target cryptocurrencies. However, digital privacy constraints may affect BTC ETH use and acceptance. The crypto update in the following weeks will further reveal the market’s position. 
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WhatsApp and Signal Escape EU Messaging Apps Scan in “A Partial Victory for Privacy”

Table of Contents

The Bit Journal

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