A unique partnership is brewing in the world of finance and technology. Fedi, a Bitcoin wallet company, Cornell University, and the Bitcoin Policy Institute (BPI) are teaming up for a two-year study. They want to understand how Americans feel about financial privacy. The study will look at the trade-offs people are willing to make and how rules affect their behavior.

The team is a mix of experts. Cornell’s Brooks School Tech Policy Institute brings academic knowledge. Fedi offers insights into product use and user behavior. BPI focuses on policy and communication. Together, they aim to bridge the gap between building privacy tools, researching them, and governing their use.

The study will use surveys and interviews to gather data. It will explore how Americans view privacy in daily transactions and their trust in institutions. The results will be shared in four reports, starting in April 2026. These reports could shape future policies and regulations.

Privacy concerns are growing. A 2023 Pew Research Center survey showed that 71% of US adults are worried about government data use. This is up from 64% in 2019. Many people also don’t understand how companies use their personal data. This rising concern comes as governments worldwide explore digital currencies and identity frameworks. These initiatives could give officials more insight into people’s financial activities, sparking debates about financial privacy.

The climate for developers of privacy tools is tough. US authorities have taken action against developers of non-custodial services. They were accused of operating without licenses and aiding illegal money movements. These cases have raised fears that developing or maintaining privacy-focused code could be seen as a crime, even if developers don’t control user funds.

In Washington, the crypto market structure bill is a hot topic. Industry groups are pushing for protections for software developers and DeFi. They warn that vague rules could drive builders away or force them into traditional financial roles. Jake Chervinsky, Chief Legal Officer of Variant, has highlighted DeFi as a critical issue. He argues that clear safeguards are needed to prevent future regulators from stifling DeFi in the US.

Unraveling Financial Privacy: A Deep Dive into American Views

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