He authored Bitcoin Improvement Proposal 361 (BIP-361), which outlines a phased migration to quantum-resistant cryptography.”The goal is to create incentives and deadlines so users, exchanges, custodians, wallets and institutions actually migrate in a timely fashion,” saidLopp, who in April said it would be better to freeze Satoshi’s hoard and millions of other dormant bitcoins than to let hackers steal them.Matt Hougan, chief investment officer at Bitwise, rejected both letting the coins be stolen and freezing them outright.Instead, he pointed to a proposal by Castle Island Ventures partner Nic Carter that would place Satoshi’s bitcoin into a legal trust until ownership…

The Major County Sheriffs of America reportedly said it no longer opposes the CLARITY Act after initially raising concerns over how the bill would affect illicit finance investigations.In a letter to US Senate Banking Committee chair Tim Scott and Senator Elizabeth Warren on Friday, the MCSA said it shifted its stance on the CLARITY Act to “neutral” after some of its concerns in a May 14 letter regarding Section 604 in the bill were addressed.Section 604 relates to the Blockchain Regulatory Certainty Act, which seeks to protect developers from liability for illicit activity committed by users on their decentralized platforms.…

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