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

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

By CoinDesk

The fight to protect privacy in the central bank digital currency era just got more intense. 

This episode is sponsored by Nexo.io and Casper, and this week’s special product launch, Exodus.

Today on the Brief:

Fidelity files a bitcoin ETF applicationStimmies to ChinaThe 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.


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Launching in late-March, Casper is the future-proof blockchain protocol that finally address the blockchain trilemma. Learn more at Casper.Network.

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Exodus empowers people to control their wealth through a safe and reliable non-custodial crypto wallet, placing the ownership of digital assets back into the user’s hands. Your keys, your crypto. Download Exodus today and learn more at exodus.com.

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Image credit: bsauter/iStock/Getty Images Plus

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