More recently, the government has gained much more insight and powers of preemptive surveillance into our financial lives. For example, with the enactment of the Bank Secrecy Act in 1970, financial institutions have to engage in record-keeping and reporting in order to assist the government in its efforts to prevent money laundering, and as a result, most of the information we provide to our banks can easily be viewed by the government.
Related posts
-
Med tech developer Semler Scientific puts additional $17m in Bitcoin
Healthcare tech developer Semler Scientific has announced an additional purchase of 247 BTC for $17 million... -
Cardano Foundation Forges Government Partnership in Argentina to Boost Blockchain Adoption
The Cardano Foundation has announced an interesting new public... -
Crypto’s Latest Privacy Battle
Crypto’s Latest Privacy Battle Source Spread the love