It is a very dangerous idea to give politicians carte blanche access to everyone’s financial data.
Daily Analysis
AML = High Costs and Trivial (if any) Benefits
New evidence about why anti-money laundering laws and regulations are misguided.
The War Against Cash, Part VII
The threat is real.
New York’s Coinbase Settlement Won’t Benefit Consumers
Regulators seek to increase financial surveillance and impose failed AML rules on crypto.
Ukraine Invasion Gets Exploited for Political Gain
When crisis comes, look to your rights.
6 Takeaways From Biden’s Crypto Executive Order
The government’s effort to address cryptocurrencies in a comprehensive fashion.
Are High Taxes “Patriotic” and Low Taxes “Rotten”?
Politicians will use any excuse to justify reaching into our pockets.
Proposed Reporting Requirements Threaten US Crypto Space
Congress has again dipped its hand into a grab-bag of half-baked policies in search of “pay-fors” to finance a massive spending bill. Among the ideas they blindly pulled out and now want to slap onto “must pass” legislation is the imposition of…
A Case Study of Pointless (but Costly) Financial Regulation
This policy is all costs and no benefits.
The Messy Mix of Red Tape, Money Laundering, and Extraterritoriality
The United States is trying to dictate policy in other nations.