Lawmakers Revive Bill to Limit Central Bank Digital Currency Over Privacy Concerns

Legislation focusing on regulating the creation of a central bank digital currency (CBDC) was recently presented once again by Representative Tom Emmer and 49 other sponsors. The United States House of Representatives witnessed the revival of the CBDC Anti-Surveillance State Act on September 12. The proponents of the bill emphasize its necessity to safeguard the financial privacy rights of American citizens. According to Emmer, a Republican, theres a concern surrounding the Biden administrations approach to CBDCs. He believes that the administration might be willing to sacrifice Americans...

source: https://tokenpost.com/Lawmakers-Revive-Bill-to-Limit-Central-Bank-Digital-Currency-Over-Privacy-Concerns-10668

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