UK gov offers $130k to any developer able to build cryptocurrency tracing software
The UK government is so desperate to better trace cryptocurrencies that it's offering up $130k to any developer able to build software that can do the job.
Some cryptocurrencies are a lot more difficult to trace than others. Cryptocurrencies like Monero, Dash, and Zcash use things like ring signatures and zk-SNARKs to really cover up users' tracks. However, in general, cryptos are simply not as easy to trace as your typical bank payment – and governments see that as a problem.
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