Robert Kennedy Jr: Government Could Ban, Seize Bitcoin — CBDCs Could Lead to Financial Slavery, Political Tyranny

Robert Kennedy Jr: Govt. Could Ban, Seize Bitcoin — CBDCs Could Lead to Financial Slavery, Political TyrannyPresidential hopeful Robert F. Kennedy Jr. has issued a warning regarding the Federal Reserve’s new Fednow system and the potential risks of central bank digital currencies leading to financial slavery and political tyranny. He additionally warned: “We should not be blind to the obvious danger that this is the first step in banning and seizing […]

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US Senator Introduces Bill to Ban Direct-to-Consumer Central Bank Digital Currency

US Senator Introduces Bill to Prohibit the Fed From Developing Direct-to-Consumer Central Bank Digital CurrencyU.S. Senator Ted Cruz has introduced “legislation to prohibit the Federal Reserve from developing a direct-to-consumer” central bank digital currency (CBDC). The lawmaker warned that it “could be used as a financial surveillance tool by the federal government.” Another senator stressed: “The American people ought to be able to spend their money how they choose […]

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Fed Chair Powell Provides Update on US Central Bank Digital Currency

Federal Reserve Chairman Powell Provides Update on the Fed's Central Bank Digital CurrencyFederal Reserve Chairman Jerome Powell has provided an update on the Fed’s central bank digital currency (CBDC) work in a hearing before the House Financial Services Committee. While stating that the Fed is “making progress on technological issues,” Powell stressed that “policy issues are equally important.” Fed Chair Powell on CBDC Progress During a hearing […]

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US Lawmaker Launches CBDC Anti-Surveillance State Act to Protect Americans’ Right to Financial Privacy

US Lawmaker Launches CBDC Anti-Surveillance State Act to Help Protect Americans 'of Their Right to Financial Privacy'U.S. Congressman Tom Emmer has introduced the Central Bank Digital Currency (CBDC) Anti-Surveillance State Act “to halt efforts of unelected bureaucrats” from “stripping Americans of their right to financial privacy.” The bill also prohibits the Federal Reserve “from issuing a CBDC directly to anyone.” CBDC Anti-Surveillance State Act Introduced U.S. Congressman Tom Emmer (R-MN) announced […]

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