Digital Currency

By Othman Darwish Since its invention, Bitcoin challenged regulators all over the world, different regulatory options and actions taken by jurisdictions, such as public awareness/warnings, research papers and case studies, regulations for specific digital currency stockholder (e.g. exchanges regulations ), others regulatory trying to adapt existing regulations and interpret it in way that fit digital currencies nature and properties , some regulatory  went extremely and  found  Bitcoin a real threat to their nation currency and capital control , thus prohibit or ban it . Bitcoin facing different regulatory concerns on different levels, capital and currency control is main concerns for some countries (e.g. Chain and Russia), other jurisdictions pay more attention on other aspects, such as consumer protection, taxes evasion, and AML/CTF activates (e.g. USA, UK, Australia). Although existing regulations already in place to protect investors/consumers, prevent fraud and ensur

By Othman Darwish The Case  On December 2, 2015, 14 people were killed and 22 others were seriously injured in attack consisting of a  mass shooting  and an attempted  bombing  at the  Inland Regional Center  in  San Bernardino, California .  The FBI recovered an Apple  iPhone 5C  owned by the  San Bernardino County, California  government, that had been issued to one of the shooter . On February 9, 2016, the FBI announced that it was unable to unlock the county-owned phone it recovered, due to its advanced security features, including encryption of user data .  The  FBI–Apple encryption dispute  concerns whether and to what extent courts in the  United States  can compel manufacturers to assist in unlocking  cell phones  whose  data  are  cryptographically protected .  There is much debate over public access to strong encryption. FBI’s Position Supporters  Federal Law Enforcement Officers Association, the Association of Prosecuting Attorneys Inc. and the National Sheriff