US Senator Suggests Banning Fed From Issuing a Direct-to-Consumer CBDC

Publikováno: 31.3.2022

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US Senator Ted Cruz has introduced companion legislation to a January 2022 bill drafted by Representative Tom Emmer, which prohibits the Federal Reserve (Fed) from issuing a central bank digital currency (CBDC) directly to individuals.
The legislation bans the Fed from developing a direct-to-consumer CBDC that “could be used as a financial surveillance tool by the federal government, similar to what is currently happening in China,” Emmer’s office said in a statement. ...
Read More: US Senator Suggests Banning Fed From Issuing a Direct-to-Consumer CBDC
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