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Which idiots told the FBI that Feds-only backdoors in encryption are possible? New regulations, such as the GDPR, which goes into effect May 25,will back those expectations of protection with substantial penalties and fines for the noncompliance. Matonis denied that the foundation is engaged in money transmission and said he viewed the case as "an opportunity to educate state regulators. For example, cryptanalysts seek to decrypt ciphertexts abclinuxu bitcoin news knowledge of the plaintext source, encryption abclinuxu bitcoin news or the algorithm used to encrypt it; cryptanalysts also target secure hashing, digital signatures and other cryptographic algorithms.

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