Summary
- Pro-cryptocurrency Representative Tom Emmer has reintroduced a bill to ban the issuance of CBDC, according to reports.
- The bill emphasizes that CBDC could cause financial privacy issues.
- With President Donald Trump already having banned research related to CBDC, the future of this bill remains uncertain.
According to cryptocurrency media Cointelegraph on the 6th (local time), pro-cryptocurrency US Republican House member Tom Emmer has reintroduced a bill to prevent the use or issuance of Central Bank Digital Currency (CBDC).
The bill contains provisions stating that CBDC poses financial privacy issues and should be banned from issuance.
The media added, "US President Donald Trump has already issued an executive order prohibiting research related to CBDC," and "it remains uncertain whether this bill will move forward."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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