The CBDC Anti-Surveillance State Act, introduced by Majority Whip Tom Emmer , seeks to block the U.S. central bank from continuing efforts toward the development of a digital dollar. Republicans expressed concerns that a U.S. CBDC could be used to control Americans.
Industry participants hailed Wednesday's vote, the first for a bill focused solely on crypto market issues, as a sign that the sector was finally receiving recognition as being significant.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: