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Coinbase Claims the Bank Secrecy Act Is Broken and Wants to Fix It With Crypto

 Coinbase Claims the Bank Secrecy Act Is Broken and Wants to Fix It With Crypto

 

Coinbase Claims the Bank Secrecy Act Is Broken. Here's How to Fix It (With Crypto)Coinbase has proclaimed that the Bank Secrecy Act, designed to safeguard the U.S. financial system from malicious actors, is flawed due to its implications for private data. Coinbase CLO Paul Grewal believes that ZKPs might be the answer to the act’s excessive data vulnerabilities. Coinbase Wants to Fix the US Bank Secrecy Act With Cryptocurrency […] 

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