Circle CEO: Treasury's Crypto Wallet Rule is a Potential Next Level of Financial Survei... - 0 views
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John Kiff on 21 Dec 20According to Circle CEO Jeremy Allaire, in the world of crypto assets, on the Treasury's proposed crypto-asset wallet rule: a report that includes a blockchain address essentially gives law enforcement a data feed that includes identity + blockchain addresses and the ability to monitor, in real-time, all of the that customer's flows. This is without any consent. Digital bearer assets with public chains combined with identity is a level of surveillance that does not exist in the existing financial system.