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Matt Odell and Yan Pritzker - E73

Swan Signal Live - A Bitcoin Show

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The Bank Secrecy Act and the Patriot Act

Bank secrecy act in 19 seventies emboldened them a the financial action task force was created in 19 89 by the g seven. Now every company is required to verify identity of all customers who want to ope an account, keep those records for five years and run customer names through lists of known suspected terrorists. And then, of course, that data is used in all kinds ofd nefarious ways that we have very a little insight into. A, edward snowdon you know, maybe helped us understand a little bit more how the government uses our data.

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