Legislation Progresses to Limit Central Bank Digital Currency in the United States

The U.S. House Financial Services Committee is making strides in drafting laws that could hinder the creation of a digital dollar by the central bank. Patrick McHenry, the committees chairman, recently announced that on September 20, lawmakers will be gathering for a session to delve into the intricacies of two key bills concerning the prospective digital currency. This session, also known as a markup, is pivotal in the legislative process, helping to shape and refine the proposed laws before they are presented for broader review. A primary piece of legislation, H.R. 3712 or the Digital...

source: https://tokenpost.com/Legislation-Progresses-to-Limit-Central-Bank-Digital-Currency-in-the-United-States-10688

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