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It depends on how Congress writes the law that would enable CDBC. They could simply copy & paste the existing laws regarding banking privacy, e.g., RFPA. http
by tantalor 5y ago
It depends on how Congress writes the law that would enable CDBC.
They could simply copy & paste the existing laws regarding banking privacy, e.g., RFPA.
https://en.wikipedia.org/wiki/Right_to_Financial_Privacy_Act https://en.wikipedia.org/wiki/Right_to_Financial_Privacy_Act
- uncletammy 5y agoAs if the FISA courts wouldn't be employed to circumvent any constraints placed on the system by congress.
- tantalor 5y agoThat's already the case with existing banks so not much of a useful distinction to make here.