Cryptography

A new generation of identity cards will be issued in Bulgaria probably by the end of the year. They will have an embedded chip, which will enable electronic identification and use of electronic services.

The new documents will have the highest level of forgery protection. The difference in their appearance will also be the photo on the back of the card.

The global cryptocurrency industry has been slammed by setbacks, scandals and high-profile failures in recent months, sparking a regulatory rush to protect consumers from fraud and scams.

A polling station in Montenegrin capital Podgorica on the parliamentary elections on August 2020.Photo: BIRN/Samir Kajosevic

CIRT is a unit within the Ministry of Public Administration engaged in the handling of information security incidents within the IP address space.

An Interior Ministry amendment aspires to put an end to delays in the issuance by local authorities of the real estate tax (TAP) clearance, recorded in most municipalities of the country. The amendment establishes rules for the required supporting documents as well as the timeframe of their issue.

A draft law on electronic communications, awaiting approval in the parliament, will give police and other special services access to any content sent or received by email or other online communication tools such as Whatsup, Messenger or other similar apps.

Cryptocurrency critics, including economists and researchers, will gather in London and online this week to get their message across to regulators about the booming but volatile sector.    

Lawyers for WikiLeaks founder Julian Assange filed a lawsuit Monday against the CIA and its former director Mike Pompeo, alleging it recorded their conversations and copied data from their phones and computers.

Recent upheaval in the cryptocurrency markets shows the sector is subject to similar risks as conventional investments, underscoring the need for regulation to protect against the "false allure" of a quick profit, Federal Reserve Vice Chair Lael Brainard has said.

Bitcoin is up around 1% in 24 hours to $20,400. Ethereum added 3.2%, while other top 10 altcoins gained between 0.7% (Dogecoin) and 2.8% (XRP). Buyers have braced themselves on the back of positive stock indexes despite the strengthening Dollar. 

Starting with the lofty goal of competing with traditional banks, cryptocurrency lending giants and their clients now face financial ruin due to their appetite for risk and a paucity of regulatory guardrails.