CryptoGlobe
2023-03-26 09:45:28

U.S. Senator Ted Cruz Introduces Bill Aimed at Halting Federal Reserve’s CBDC Ambitions

Senator Ted Cruz, a Republican from Texas and Ranking Member of the Senate Committee on Commerce, Science, and Transportation, recently proposed legislation to prevent the Federal Reserve from creating a central bank digital currency (CBDC) for consumer use. Co-sponsored by Senators Braun (R-Ind.) and Grassley (R-Iowa), the legislation is designed to safeguard financial privacy by

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.