Significant events related to
digital identity and
cryptocurrencies have been touched upon in these updates. Wallets with ID slots and coin pockets were discussed alongside mywalit Double-Flap wallet and Sunwel Fashion Women Pom Pom wallets. Several countries, including India, Venezuela, Rwanda, and Argentina, were reported to have made strides towards digital ID advancements.
Cryptocurrency regulation is also a prominent topic, particularly regarding the US Treasury's consideration of digital ID verification in DeFi to combat illicit finance. This extends to the GENIUS Act, a crypto regulation bill, gaining prominence. In crime-related news, DC police arrested two suspects involved in a $640,000 identity theft and gold coin scheme. There were also reports of crypto scams using AI and fake IDs that resulted in $4M being stolen.In project news, the launch of a National Blockchain for Digital Identity and Records in Vietnam and the debut of Concordium's app for anonymous online age checks were reported. Similarly,
'ID Coin', supposedly associated with the SPACE ID, is noted for price predictions ranging till 2030, indicating a more long-term focus.Crypto projects relevant to digital ID have also been referenced, including Sam Altman's eye-scanning crypto project 'World' and Vitalik's introduction of 'pluralistic' IDs. Both projects seem to aim to improve privacy and security in digital identity systems. Allett reimagined its classic wallets, and 'Billions' app offers secure ID checks, indicating a trend for improved functionality and privacy.The reports also include updates about anonymous wallets, data breaches, privacy checks, regulatory scrutiny, and new launches. It appears that the area of digital identity is increasingly intersecting with crypto, signaling an interesting trend in the crypto world.
ID Coin News Analytics from Fri, 11 May 2018 07:00:00 GMT to Wed, 01 Oct 2025 16:34:41 GMT -
Rating 6
- Innovation 8
- Information 9
- Rumor 6
