75 American legislators support the CBDC Anti-Surveillance Bill
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.
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.
You may also like
Publicly listed company Prenetics increases its total bitcoin holdings to 504.
BTC holdings of the Australian Monochrome spot Bitcoin ETF have risen to 1,158.
Analyst: Bitcoin has bottomed out in the short term, a rebound to $100,000 may occur