CBDCs should protect privacy, not be a surveillance tool: Former CFTC chair

    Former CFTC Chair Christopher Giancarlo says that Anti-Money Laundering and Know Your Customer measures are both outdated and constitutionally questionable and that crypto technology could do better. The United States should lead the development of central bank digital currencies (CBDCs) away from being “surveillance coins” and toward being “freedom coins,” says the former chair of…

    Digital yuan: Will China get the first-mover advantage with the wide adoption of digital currency?

    China has moved deliberately to secure the first-mover advantage in what it believes is the future of the internet. If the digital yuan is Beijing’s tender for the digital frontier, its blockchain initiative is its bid to build the railroads. In the first installment of a three-part series produced with support from the Judith Neilson…