Regulation· ★★★★· neutral·

Revolut confirms KYC data leak; House committee approves bitcoin reserve bill

  • Revolut confirmed a leak of KYC data and records of clients' BTC transactions
  • Hackers are demanding 6,000 Monero, but Revolut has not confirmed a ransom
  • A House committee approved a bill on a US strategic bitcoin reserve
  • The CLARITY Act is still stalled in Congress
Why it matters: The leak hits trust in exchange KYC procedures, while approval of the reserve bill could cement government demand for bitcoin.
Source: Bitcoin Insider