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US lawmaker introduces bill aimed at limiting Fed’s authority on digital dollar

If passed, the legislation could prohibit the Fed from issuing a digital dollar “directly to anyone,” as well as bar the bank from implementing monetary policy based on a CBDC.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

US lawmaker introduces bill aimed at limiting Fed’s authority on digital dollar

If passed, the legislation could prohibit the Fed from issuing a digital dollar “directly to anyone,” as well as bar the bank from implementing monetary policy based on a CBDC.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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