US Congressman Proposes Bill to Block Federal Reserve from Creating American CBDC – What's Going On?
Tom Emmer, the Republican House Majority Whip, presented a bill on Wednesday aimed at prohibiting the Federal Reserve from issuing or utilizing a central bank digital currency (CBDC) to govern monetary policy. "Today, I...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
"Today, I introduced the CBDC Anti-Surveillance State Act to halt efforts of unelected bureaucrats in Washington, DC from stripping Americans of their right to financial privacy," Emmer wrote in a tweet on February 22, listing three points the legislation focuses on....
Read More: US Congressman Proposes Bill to Block Federal Reserve from Creating American CBDC – What's Going On?
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Conflux – Web3’s Next Billion Users
Why you should listen Most of crypto, Liang argues, competes for the same users and capital, moving them between chains with bridg...
Bitcoin faces $70,000 risk as investors realize $2 billion in losses and US jobs shock deepens pressure
Bitcoin holders realized more than $2 billion in losses over three days as exchange selling intensified and expectations of a US r...
Thailand SEC Files Criminal Complaint Against Bitget Ahead of Dec. 5 Access Block
Bitcoin Magazine Thailand SEC Files Criminal Complaint Against Bitget Ahead of Dec. 5 Access Block Thailand’s Securities and Excha...
ZetaChain Targets Dec. 9 to Switch Off Its Blockchain and Move ZETA to Solana
ZetaChain, a cross-chain blockchain, is on track to retire its own layer 1 around Dec. 9: the vote on Proposal 70, which sets that...
Circle’s Cross-Chain Transfer Protocol passes $300 billion in all-time volume
Circle's CCTP milestone highlights the growing importance of seamless cross-chain transactions, potentially reshaping blockchain i...
Binance and CZ subpoena Kevin O’Leary in $1.76 billion FTX clawback fight
The subpoena of Kevin O'Leary highlights the ongoing complexities in crypto legal battles, potentially impacting future exchange r...