Opposing the prevailing winds of centralized digital currencies, GOP lawmakers are launching legislation aimed at inhibiting the federal government from implementing a Central Bank Digital Currency (CBDC).
Led by House Majority Whip Tom Emmer, the Central Bank Digital Currency Anti-Surveillance State Act resurfaces on the House floor, seeking to put the brakes on the Federal Reserve’s exploration of a digital version of the dollar – a move that could significantly influence monetary policies.
Video Player https://video.reclaimthenet.org/articles/emmer-cbdcs-98882.mp4 Media error: Format(s) not supported or source(s) not found Download File: https://video.reclaimthenet.org/articles/emmer-cbdcs-98882.mp4?_=1 The increasing popularity of CBDCs worldwide can not be ignored, as 130 countries, making up 98% of the global economy, conduct explorations of their own – 11 of which, including China, have fully transitioned into CBDC use as per findings from Atlantic Council’s GeoEconomics Center.Despite the grouping […]
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