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75 U.S. lawmakers have backed Tom Emmer’s proposed CBDC anti-surveillance bill

75 U.S. lawmakers have backed Tom Emmer’s proposed CBDC anti-surveillance bill

Cointime2024/01/02 08:16
By: Cointime
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75 US lawmakers have now supported the CBDC Anti-Surveillance Act. Representative Tom Emmer, who proposed the bill, wrote on X platform on Saturday: "I have introduced the CBDC Anti-Surveillance National Act to protect Americans' financial privacy rights, and it has 75 legislative supporters. We will continue to gain more support." Emmer emphasized: "Unlike decentralized cryptocurrencies, central bank digital currencies are digital forms of sovereign currencies designed and issued by governments, and traded on government-controlled digital ledgers. In short, central bank digital currencies are programmable currencies controlled by governments, and if not designed to mimic cash, they may enable the US federal government to monitor and restrict Americans' transactions."

75 U.S. lawmakers have backed Tom Emmer’s proposed CBDC anti-surveillance bill image 0
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.
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