As the federal government advances its plans to create a central bank digital currency (CBDC), critics are sounding the alarm about how much power a digital dollar would place in the hands of federal agencies. The latest step toward a CBDC, called “Project Cedar,” was launched by the Federal Reserve Bank of New York last…
Federal Government’s Digital Dollar Seen as Threat to Personal Liberty
January 9, 2023
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banking secrecyBusiness & MarketsCentral Bank Digital Currency (CBDC)digital dollareconomic policieseconomyNew York Federal ReserveUS
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Corrupt CCP Officials Lose ‘Money Hideaway’ as Swiss Banking Secrecy Ends
January 6, 2022
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Asia & PacificBank of Chinabanking secrecyCCP's hidden moneyChinaChina Business & EconomyEuropeSwiss bankWorld
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News Analysis The Swiss Federal Tax Administration (FTA) has almost completed its transfer of offshore customer information to hundreds of countries and territories, signifying that Switzerland—the world’s largest offshore financial center—has abandoned its three-centuries-old system of keeping bank customer’s information secret, and ending its use as a safe haven for the illegal funds of terrorists…
Corrupt CCP Officials Lose Avenue to Stash Ill-Gotten Gains After Swiss Banking Secrecy Ends
January 6, 2022
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AnalysisAsia & PacificBank of Chinabanking secrecyCCP's hidden moneyChinaChina Business & EconomyEuropeOpinionSwiss bankWorld
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News Analysis The Swiss Federal Tax Administration (FTA) has almost completed its transfer of offshore customer information to hundreds of countries and territories, signifying that Switzerland—the world’s largest offshore financial center—has abandoned its three-centuries-old system of keeping bank customer’s information secret, and ending its use as a safe haven for the illegal funds of terrorists…
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