Law & Policy

Bank Secrecy Act should narrow its reach to protect privacy in the crypto age. Initially intended to combat organized crime, it expanded to include nearly every suspicious transaction (called SAR). 

As finance and trade come onchain, policymakers need to recognise that low-value information from financial data overwhelms law enforcement and erodes people’s privacy.

Bank Secrecy Act should narrow its reach to protect privacy in the crypto age. Initially intended to combat organized crime, it expanded to include nearly every suspicious transaction (called SAR). 

As finance and trade come onchain, policymakers need to recognise that low-value information from financial data overwhelms law enforcement and erodes people’s privacy.

https://www.technologyreview.com/2025/06/25/1119324/katie-haun-bank-secrecy-act-oped/

Productizing RWAfi @plumenetwork. Letting you earn from all RWAs on Plume using https://nest.credit. Hosting /rwa, /plume, /nest and https://palmer.earth

The problem is the SEC doesn’t have the authority to change any of this.

Working on building zkTLS infra/products. A ruthless empiricist and meme connoisseur.

/opacity

and

/eulerlagrange

Congress is responsible for it not SEC. FinCEN through dept of the treasury implements and enforces.

I’m just very skeptical there is political will to change these rules.

Our COO has family ties to the new treasury secretary. We were going to go speak with them about this.

Policy usually adapts to best efforts of best market actors.