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3232US Senator Introduces Bill to Ban Direct-to-Consumer Central Bank Digital Currency
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Thu, 23 Mar 2023 08:50:00 +0000https://www.digit.info/2023/03/23/us-senator-introduces-bill-to-ban-direct-to-consumer-central-bank-digital-currency/Read more]]>U.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 […]
U.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 […]