#CongressBarsFedCBDCIssuance
🚨 #CongressBarsFedCBDCIssuance
The U.S. Congress has moved to block the Federal Reserve from issuing a Central Bank Digital Currency (CBDC) directly to consumers. Supporters argue this protects financial privacy, limits government surveillance, and preserves the role of private banks. The decision is seen as a major win for crypto advocates and supporters of decentralized finance, reinforcing concerns over centralized control of digital money while encouraging innovation in the private sector.
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