Topic
How much of an individual's transaction and balance data payment systems, banks and the state can see, and the rules that limit it.
IMF officials said privacy risks in central bank digital money can be managed through regulation and design, as protest banners went up at the Bank of Korea. Their comments give the central bank an outside voice to cite while it keeps building Project Hangang.
Reality
Bank of Korea official Kim Dong-sup said the bank has no plan for a retail CBDC and only banks can hold Project Hangang's digital money. Commercial banks keep the customer in a pilot already used for a government EV-charger subsidy.
Reality
FinCEN withdrew its proposal to make about 15,000 institutions report foreign crypto mixer transactions, work it estimated at 1.47 million hours a year. Banks keep their general duty to report suspicious activity, so mixer exposure stays a monitoring job without its own form.
Perspective Coverage
10 publishersReality
Pretty Good Policy for Zcash has registered Divij Pandya as its sole Washington lobbyist on a $750,000 first-year budget. The move takes Zcash's policy work out of developer lab ZODL and puts it in a separate group that looks to Zcash Community Grants for its money.
Perspective Coverage
4 publishersReality
Hester Peirce used her penultimate week as an SEC commissioner to urge replacing bulk KYC collection with zero-knowledge proofs of eligibility. She filed no proposal and spoke for herself, so the collection rules she criticized stay as written.
Perspective Coverage
3 publishersReality
The People Power Party's leader says he opposes a central bank digital currency until safeguards are written into law. The July expansion of Project Hangang cleared through the Financial Services Commission.
Reality