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The Fed Chair and the Treasury Secretary Come Out Against Privacy-Respecting, Anonymous Digital Dollar

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Today on the Brief:

  • Fidelity files a bitcoin ETF application
  • Stimmies to China
  • The situation in the Suez

Our main discussion:

In response to a question from Illinois Democrat Bill Foster during a House hearing earlier this week, Federal Reserve Chair Jerome Powell went on the record as being against an anonymous digital dollar. Treasury Secretary Janet Yellen reinforced that stance, saying anonymity made the U.S. government’s anti-money laundering goals extremely difficult to achieve. 

In today’s episode, NLW breaks down why bitcoiners should be willing to get involved in the digital dollar privacy fight. 

-- Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io -- Enjoying this content?   SUBSCRIBE to the Podcast Apple:  https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M=   Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW   The Breakdown is produced and distributed by CoinDesk.com

 

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