US EditionWhat a GOP Bill Banning Central Digital Currency Means for Consumer Banking
14 Articles
14 Articles
What a GOP bill banning central digital currency means for consumer banking
A proposed GOP ban on a central bank digital currency (CBDC) could pump the brakes on grand visions to reshape electronic payment access around the Federal Reserve. Republican lawmakers pushed the ban through the House on Thursday over concerns the government could use a CBDC to surveil Americans’ financial transactions. The banking industry has also lobbied against the currency, arguing the public already has sufficient access to easily usable…
U.S. President Donald Trump has renewed his promise not to allow a Digital Central Bank Currency (CBDC) in the United States. For this purpose, appropriate laws will be drawn up. At the same time, he signed a law regulating stablecoins. Donald Trump is regarded as a critic of digital central bank currencies, which can be abused by the system for complete monitoring and control of citizens. At an event in the White House, he therefore promised to…
Trump Pledges To Prevent US Central Bank Digital Currency
Trump Pledges To Prevent US Central Bank Digital Currency Authored by Naveen Athrappully via The Epoch Times (emphasis ours), A central bank digital currency (CBDC) will not be allowed in the United States, President Donald Trump said at a White House event on July 18, promising to take legislative action to prevent such a situation. President Donald Trump, surrounded by lawmakers, signs the “GENIUS Act” into law during a ceremony in the East Ro…
Rep. Roy's Statement on Votes on Digital Assets Legislation
Representative Chip Roy (TX-21) issued the following statement after the House passed S. 1582, the GENIUS Act, H.R. 3633, the CLARITY Act, and H.R. 1919, the Anti-CBDC Surveillance State Act:"Today, House Republicans took a significant step forward to provide a market framework to ensure that Americans can innovate with cryptocurrencies.I supported H.R. 3633, the CLARITY Act,
U.S. Officially Adopts GENIUS Act
The U.S. Congress approved, and President Donald Trump signed, the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act), which introduces a federal regulatory framework for stablecoins and... Сообщение U.S. Enacts Law Regulating Stablecoin Market появились сначала на CoinsPaid Media.
CBDC Anti-Surveillance State Act and the CLARITY Act
by Martin Armstrong Armstrong Economics US legislators passed a series of bills last week aimed at targeting cryptocurrencies– the CBDC Anti-Surveillance State Act, the GENIUS Act, and the CLARITY Act. I explained the GENIUS Act in another post. Some believe that the CBDC Anti-Surveillance State Act and the CLARITY Act are the safeguards that will ensure the USD is never digitized. The CLARITY Act determines who will regulate digital assets and …
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