75 American legislators support the CBDC Anti-Surveillance Bill
US Congressman Tom Emmer said that 75 legislators have supported his proposed "CBDC Anti-Surveillance State Act" aimed at protecting the financial privacy rights of Americans. Emmer emphasized that unlike decentralized cryptocurrencies, central bank digital currency (CBDC) is a digital form of sovereign currency designed, issued, and transacted on a government-controlled digital ledger. If not designed to mimic cash, CBDC could potentially enable the US federal government to monitor and restrict transactions by Americans.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SOON Foundation proposes to "stake and lock the 15.92 million SOON tokens scheduled to be unlocked in November"
ZEROBASE: ZBT Season 2 airdrop distribution completed, all tokens have been unlocked
The whale who held ASTER for 38 days has reinvested 1 million USDC to increase their position.
ENS plans to migrate Namechain to Nethermind's Surge
Trending news
MoreCrypto prices
More
