Categories: Bitcoin

Coinbase Claims the Bank Secrecy Act Is Broken and Wants to Fix It With Crypto



Coinbase has proclaimed that the Bank Secrecy Act, designed to safeguard the U.S. financial system from malicious actors, is flawed due to its implications for private data. Coinbase CLO Paul Grewal believes that ZKPs might be the answer to the act’s excessive data vulnerabilities. Coinbase Wants to Fix the US Bank Secrecy Act With Cryptocurrency […]



Source link

Joseph Rees

Leave a Comment
Share
Published by
Joseph Rees
2 weeks ago

Recent Posts

Singapore’s largest bank DBS to debut tokenized structured notes on Ethereum

Key Takeaways DBS is debuting tokenized structured notes on Ethereum, fractionalizing typical $100,000 investments into…

17 minutes ago

OKB price hits new all-time high amid a 50% spike

OKB price rose 50% to hit a new all-time high of $195. The altcoin is…

21 minutes ago

Meet Wukong, the AI Chatbot China Has Installed on Its Space Station

The latest addition to China’s Tiangong space station is an AI chatbot with expertise in…

29 minutes ago

Kenneth Rogoff | Bitcoin Prediction Gone Wrong

In 2018, Harvard economist Kenneth Rogoff made a big call: Bitcoin would never reach $100,000…

31 minutes ago

Crypto Alliances Back Quintenz for CFTC Chair

Several major crypto advocacy groups have rallied behind Brian Quintenz to lead the Commodity Futures…

1 hour ago

Morpho price jumps 12% to lead market gainers

Morpho price rose 12% to hit a six-month high of $2.38. Ecosystem developments and market…

1 hour ago