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CATEGORY: the us federal reserve

CATO Institute: CBDC the ‘Single Largest Assault to Financial Privacy Since Creation of Bank Secrecy Act’
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Apr 09, 2023 02:15

CATO Institute: CBDC the ‘Single Largest Assault to Financial Privacy Since Creation of Bank Secrecy Act’

A central bank digital currency (CBDC) may turn out to be the “single largest assault to financial privacy since the creation of the Bank Secrecy Act,” a policy analysis document released by CATO Institute has said. To stop the U.S. Federal Reserve and Treasury from threatening the financial system with the CBDC, the document said [...]

The post CATO Institute: CBDC the ‘Single Largest Assault to Financial Privacy Since Creation of Bank Secrecy Act’ appeared first on Crypto Breaking News.

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South African Professor Accuses US Regulators of Attempting to ‘Assassinate Crypto’
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Apr 06, 2023 02:10

South African Professor Accuses US Regulators of Attempting to ‘Assassinate Crypto’

The United States’ attempts to “assassinate crypto” are illegal and unlikely to succeed because “crypto is global,” Steven Boykey Sidley, a South African professor and author, has argued. According to Sidley, many formerly U.S.-based companies and innovators have fled the country and have set up bases in countries with more “comfortable” regulatory environments. The United [...]

The post South African Professor Accuses US Regulators of Attempting to ‘Assassinate Crypto’ appeared first on Crypto Breaking News.

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