Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
75 American legislators support the CBDC Anti-Surveillance Bill

75 American legislators support the CBDC Anti-Surveillance Bill

Bitget2024/01/02 08:58

US Congressman Tom Emmer said that 75 legislators have supported his proposed "CBDC Anti-Surveillance State Act" aimed at protecting the financial privacy rights of Americans. Emmer emphasized that unlike decentralized cryptocurrencies, central bank digital currency (CBDC) is a digital form of sovereign currency designed, issued, and transacted on a government-controlled digital ledger. If not designed to mimic cash, CBDC could potentially enable the US federal government to monitor and restrict transactions by Americans.

1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!