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Stablecoin Legislation Must Ensure Financial Privacy
24.4.2025
Lawmakers designing stablecoin legislation must ensure that anti-money laundering measures don’t open the door to unfettered financial surveillance of stablecoin users, says Cato Institute’s Jennifer J. Schulp
Cato Institute Warns of Eroding Financial Privacy Rights Amid Fincen’s New Reporting Rules
18.3.2025
The Cato Institute has criticized the Financial Crimes Enforcement Network (FinCEN)’s decision to lower the threshold for currency transaction reports from $10,000 to $200 for US citizens living in 30 ZIP codes in California and Texas. New Level of Financial Surveillance The Cato Institute,...
AI deepfake tool on ‘new level’ at bypassing crypto exchange KYC: Report
11.10.2024
The new AI-powered tool, customized specifically to target crypto exchanges and financial platforms represents “a new level of sophistication” in fraud, says cybersecurity firm Cato.
Tesla CEO Elon Musk Warns Against Government Overregulation
14.6.2024
Tesla CEO Elon Musk has expressed concern that excessive government expansion leads to more regulators than participants, negatively impacting the system. Musk acknowledged the need for regulators but stressed they should not outnumber players. He reiterated that the government should act as...
Cato Institute Experts: Dollarization ‘Protects Ordinary People’s Purchasing Power’
31.7.2023
According to Cato Institute experts, full dollarization of the Argentine economy helps to protect “ordinary people’s purchasing power” from corrupt politicians and “often subservient—or simply incompetent—central bankers.” The experts said the loss of seigniorage should...
Majority of Americans Hesitant to Embrace Central Bank Digital Currency, Survey Finds
13.6.2023
A recent poll conducted by the Cato Institute and public opinion firm Yougov reveals that the majority of Americans are hesitant to adopt a central bank digital currency (CBDC). The findings indicate that support for a CBDC remains relatively low among survey respondents. U.S. CBDC Support Remains...
News Of A Whopping 77 'Wholesome Games' Just Dropped, But We Think You'll Love These 26
12.6.2023
The annual Wholesome Direct stream always brings with it the same question: What exactly is a wholesome game? Well, if this year’s batch is any indication, it’s a game with a cartoony font where an animal or witch runs a farm on an island. More generally, it’s about games where the emphasis is...
Who Really Benefits From CBDCs? It’s Not the Public
17.4.2023
The only people benefitting from central bank digital currencies are lobbyists, tech companies and, yes, central banks, say the Cato Institute’s Nicholas Anthony and Norbert Michel
CATO Institute: CBDC the ‘Single Largest Assault to Financial Privacy Since Creation of Bank Secrecy Act’
9.4.2023
A central bank digital currency (CBDC) may turn out to be the “single largest assault to financial privacy since the creation of the Bank Secrecy Act,” a policy analysis document released by CATO Institute has said. To stop the U.S. Federal Reserve and Treasury from threatening...
CBDCs ‘threaten Americans’ core freedoms’ — Cato Institute
5.4.2023
The D.C.-based think tank views a central bank digital currency as a danger to citizens' privacy
CBDCs could be 'easily weaponized' to spy on US citizens: Congressman
10.3.2023
Congressman Tom Emmer made the anti-CBDC comments to an audience at the Cato Institute, a think tank in Washington
Cato Institute CEO says his daughter married the 'Bitcoin Sign Guy' from 2017 hearing
8.9.2022
Jerome Powell said that he also had “close family members” who argued that crypto was still in the development phase, suggesting Bitcoin proponents may be close to home
Two-Thirds of Public Commenters Oppose US Adopting Digital Dollar: Cato
27.7.2022
With more than 2,000 people responding to the Federal Reserve’s invitation to weigh in on whether it should start a digital dollar, a Cato Institute examination has interpreted two-thirds of their comments as raising objections to the idea