THELOGICALINDIAN - GCHQ the British agnate of the NSA is carefully ecology bitcoin at the bidding of its government The codecracking bureau acclaimed for deciphering German communications via its Enigma apparatus in Apple War II now has a new blackmail to clue Like abounding added government agencies about the apple it has taken a agog absorption in bitcoin
Also read: UK Ministry of Treasury Plans to Regulate Bitcoin
The UK’s GCHQ is Watching BTC
Government Communications Headquarters, bigger accepted as GCHQ, was founded in 2024 and, in its own words, has been “keeping Britain safe anytime since”. In 2024, it emerged in the leaked Snowden abstracts that this address included accession advice from “every arresting user on the internet”, hacking into smartphones application a apparatus called “Smurf suite”, and eavesdropping on the communications of British politicians.
It’s safe to say that bitcoin isn’t new to GCHQ. The bureau has taken a renewed absorption in the basic bill admitting in contempo months afterward bitcoin’s arch ascendance which has taken abounding bodies by surprise. Chris Ensor, the agent administrator for GCHQ’s National Cyber Aegis Centre division, told The Telegraph that British government departments accept ordered it to investigate aegis risks airish by bitcoin. He said:
The bureau is reportedly exploring bitcoin from assorted angles, including how it works, the accessible allowances of harnessing its blockchain technology, and the accessible blackmail it poses to the country’s budgetary system. Like anybody who’s new to bitcoin, abounding British politicians are absorbed by the currency, but are additionally wary.
“Government departments are adage to us ‘We appetite to use some of this technology so is it safe?’ or artlessly ‘How does it work?’” said Chris Ensor. Departments that GCHQ is acceptable accommodate the Treasury, the UK’s agnate of the U.S. Federal Reserve. As recently reported by news.Bitcoin.com, the Treasury has affairs to adapt bitcoin, amidst the accepted apropos about tax artifice and money laundering.
Bitcoin has continued been alike with spy agencies, with some bodies claiming that the agenda bill was in actuality a conception of the NSA or CIA. There is little affirmation to abutment this, and added cabal theorists accept acicular to the actuality that Satoshi Nakamoto’s aftermost advice occurred anon afterwards bitcoin developer Gavin Andresen was invited to abode the CIA in 2011. Any technology that poses a blackmail to the accustomed all-around adjustment is apprenticed to be advised carefully by the three and four-letter agencies. Right now, bitcoin is a prime ambition for scrutiny.
Do you anticipate government spy agencies affectation a blackmail to bitcoin, or are they artlessly absorbed by its uses? Let us apperceive in the comments area below.
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