Curious about the Bank Secrecy Act? Or maybe just curious about what Norbert Michel and I talk about all day at Cato? Today, we kicked off the Cato Institute's new podcast series by exploring the rise of financial surveillance and the illusion of financial privacy. https://www.cato.org/multimedia/cato-podcast/illusion-financial-privacy

Dictators regularly use the financial system to target opposition. @gladstein says Bitcoin offers a lifeline: "It's money that dictators can't stop."

Maybe it’s just me, but seeing that the Bank of England can’t build a functioning menu bar doesn’t exactly inspire confidence for the digital pound. Luckily, the @HRF CBDC Tracker has you covered if you want all the latest information.

CBDC Tracker

A CBDC is a digital national currency. In the case of the United States, a CBDC would be a digital form of the U.S. dollar whereas, in Nigeria, the...

It's fascinating that upon the BIS leaving Project mBridge, Agustín Carstens felt the need to stress that "mBridge was not created to cater to the needs of the BRICs" and BIS "products [cannot] be used by any countries that are subject to sanctions." https://www.reuters.com/business/finance/bis-leave-cross-border-payments-platform-project-mbridge-2024-10-31/