Congressman Tom Emmer revives anti-CBDC bill, calls digital dollar a 'surveillance tool'

House Majority Whip Tom Emmer (R-Minn.) reintroduced legislation on March 6 to prevent the federal government from issuing a central bank digital currency (CBDC), arguing that such a system could t...

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Congressman Tom Emmer revives anti-CBDC bill, calls digital dollar a 'surveillance tool'

Source: CryptoSlate

House Majority Whip Tom Emmer (R-Minn.) reintroduced legislation on March 6 to prevent the federal government from issuing a central bank digital currency (CBDC), arguing that such a system could threaten Americans’ financial privacy and empower government overreach. The Anti-CBDC Surveillance State Act seeks to explicitly ban the Federal Reserve from developing, issuing, or implementing […]