Bill Introduced to Halt Digital Dollar Testing by U.S. Federal Reserve

House Member Alex Mooney of West Virginia introduced a bill against digital dollar testing that the U.S. Federal Reserve could conduct without congressional authorization. The proposed bill seeks to prevent the U.S. Federal Reserve (Fed) from launching a digital dollar pilo ...

Texas Introduces Bill to Ban CBDC as Florida Becomes First State to Prohibit Digital Dollar

They oppose the use of CBDC in the state Florida The Texas legislature has introduced a bill to ban central bank digital currency (CBDC). The text states that: "Retail CBDCs establish a direct link between the Fed and consu ...

Texas Introduces Bill Prohibiting Use of Digital Currency, Citing Concerns over Government Oversight

A bill has been introduced in Texas that would prohibit the use of digital currency in the state by the U.S. Federal Reserve (Fed). The document details why the digital dollar is a bad idea. "Retail CBDCs are issued ...

Texas Senator Ted Cruz introduces bill to prevent US Federal Reserve from launching digital currency

Senator Ted Cruz of Texas has put forward a proposal to stop the US Federal Reserve (Fed) from releasing its own digital currency for the retail market. According to the Republican senator, the bill would prohibit the government from utilizing the digital dollar to oversee the populace's financia ...

Florida Governor Proposes Bill to Ban Digital Dollar Introduction

Florida Governor Ron DeSantis recently proposed a bill aimed at prohibiting the introduction of digital currency in the state. DeSantis expressed his concern that the implementation of a digital dollar could potentially lead to government abuse and increased surveillance of financial transactions ...