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Anti-CBDC Bill Passes Crucial Vote in House Financial Services Committee

Retrieved on: 2025-04-04 17:41:34

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Summary

The article describes the US House Financial Services Committee's approval of a bill, driven by concerns on CBDCs' potential surveillance, to restrict the Federal Reserve from issuing digital currencies without Congress's consent. It advocates alternative solutions like stablecoins, aligning with the tags on stablecoins, CBDC, and Tom Emmer.

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