“In September 2021, France‚Äôs Ministry of Economics and Finance requested access to the account balances and number of monthly transactions for all individual and business bank accounts in France. Not only did the Ministry of Economics and Finance want access to this sensitive personal data but it also wanted to be able to collect this data in real-time.”

Analyst Comment: The request was denied, but this is a preview of things to come for the Western world, that is at least if Western governments survive long enough to implement these schemes.

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