On 22 February 2023, US Congressman Tom Emmer spoke out regarding the regulation of the crypto world, introducing a bill to block the introduction of Central Bank Digital Currencies (CBDCs) in the United States. The bill is called the “CBDC Anti-Surveillance State Act” and aims to protect Americans’ financial privacy and prevent government overreach. The bill to regulate the crypto world and CBDCs CBDCs are digital versions of national currencies, issued and backed by central banks. They are designed to be a more efficient and secure form of payment than physical cash, and many countries around the world are exploring
A direct-to-consumer CBDC could be used as a “financial surveillance tool” by the federal government, according to Cruz Rep. Tom Emmer, R-Minn., introduced a House bill proposing the same objective... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to…