FINANCIAL SURVEILLANCE
Financial Surveillance
Blockchain as a Solution to Financial Surveillance Concerns
The FinCEN Database's mass financial data collection raises privacy concerns. Blockchain is proposed as a more secure alternative, according to a16z crypto.
Financial Surveillance
Ted Cruz Introduces Bill to Block Fed CBDC
Republican Senator Ted Cruz has introduced a bill to prevent the Federal Reserve from launching a central bank digital currency (CBDC) that could be used for financial surveillance. This is his second attempt at blocking the Fed's CBDC initiative.