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US lawmakers advance anti-CBDC bill

Summary by Cointelegraph

The US House Financial Services Committee advanced a bill aimed at preventing federal banks from using or issuing central bank digital currencies, or CBDCs, paving the way for a vote in the chamber.In an April 2 committee session, lawmakers voted 27-22 in favor of passing the CBDC Anti-Surveillance State Act. The bill was one of five the committee considered in a markup hearing discussing possible amendments. Lawmakers also approved a bill regul…

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cryptotale.org

US Lawmakers Pass Anti-CBDC Bill, Eliminating Fed Control

The Anti-CBDC bill sponsored by Rep. Tom Emmer clears the House panel with a 27-22 vote. Aimed at protecting financial privacy, it blocks direct or indirect CBDC issuance by the Fed. This legislation is supported by 114 House Republicans and major advocacy groups. The U.S. House Financial Services Committee voted 27-22 on Wednesday to advance the Anti-CBDC Surveillance State Act (H.R. 1919). The bill, introduced by Rep.Tom Emmer (R-MN), aims to…

7 hours ago

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http://coinprofitnews.com

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crypto.news

Tom Emmer’s anti-CBDC bill clears US House Financial Services Committee

Lawmakers in the United States have advanced a bill opposing the creation of a central bank digital currency. On April 2, the US House Financial Services Committee passed the CBDC Anti-Surveillance State Act (H.R. 1919) in a 27-22 vote. The bill, introduced by Minnesota Representative Tom Emmer, aim...

8 hours ago

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World NEWS Live

US House Committee Votes to Move Forward on Anti-CBDC Bill - WorldNL Magazine

A Republican-led effort to prevent the creation of a U.S. central bank digital currency (CBDC) moved forward on Wednesday, as the CBDC Anti-Surveillance State Act passed out of the US House Financial Services Committee with a 27-22 vote.Sponsored by Rep. Tom Emmer (R-MN), the bill seeks to prevent the Federal Reserve from issuing a digital dollar, citing concerns over financial surveillance and the transformation of the central bank into a retai…

12 hours ago

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decrypt.co

US House Committee Votes to Move Forward on Anti-CBDC Bill

Minnesota Republicans’ Anti-CBDC Act passes key committee, aiming to curb federal surveillance through digital currencies.

12 hours ago·New York, United States

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Tron Weekly Journal

Anti-CBDC Bill Passes U.S. House Financial Services Committee

House panel passes Anti-CBDC bill, blocking Fed from direct services. Stablecoin bill clears committee with bipartisan support; Trump ties raised. U.S. debates digital currency future with global CBDC developments. The United States House Financial Services Committee voted 27-22 to pass the Anti-CBDC Surveillance State Act (H.R. 1919). House Majority Whip Tom Emmer initiated the bill, which seeks to prevent central bank digital currency (CBDC) f…

14 hours ago

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Crypto Breaking News

US lawmakers push forward bill to ban central bank digital currencies

In a recent move, legislators in the United States have approved a bill that aims to counter the potential development of a Central Bank Digital Currency (CBDC) by the government. The decision to move forward with this anti-CBDC bill comes amidst growing concerns about the implications and impact of a state-backed digital currency. The bill, which has received bipartisan support, seeks to prohibit the Federal Reserve from issuing a digital versi…

19 hours ago

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