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by tantalor 1589 days ago
It depends on how Congress writes the law that would enable CDBC.

They could simply copy & paste the existing laws regarding banking privacy, e.g., RFPA.

https://en.wikipedia.org/wiki/Right_to_Financial_Privacy_Act

1 comments

As if the FISA courts wouldn't be employed to circumvent any constraints placed on the system by congress.
That's already the case with existing banks so not much of a useful distinction to make here.