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Transparency for the Whales, Privacy for the Plebs

Identifying the owners of crypto wallets may level the playing field for retail traders. But if taken too far it could be weaponized against the weak.

Color lithographic illustration (by Currier & Ives) titled 'Little White Kitties, Fishing' shows two kittens as they peer into a fishbowl, one dipping its paw in the water where two, orange-colored fish swim, 1871. (Photo by Library of Congress/Interim Archives/Getty Images)
NOWHERE TO HIDE? “Eventually, everyone’s blockchain identity will be linked to their real-world identity,” Arkham Intelligence predicts. (Library of Congress/Interim Archives/Getty Images)