🤫Large banks are testing a project for total surveillance of crypto transactions

The Atlas project was launched by BIS, De Nederlandsche Bank and Deutsche Bundesbank and aims to give them the opportunity to monitor international flows of crypto assets.

🔼 It creates an infrastructure to collect detailed data consistent with central bank mandates from public and private sources.

In fact, Atlas will provide the Central Bank and regulators with a global overview of cryptocurrencies. They will have data on the participating organizations, their transactions, their size and concentration. #cryptocurrency