Congressman Introduces Bill To Limit Federal Control of US-Backed Crypto Assets

A US Representative is introducing a bill that would prevent the Federal Reserve from issuing government-backed crypto assets directly to individuals. Congressman Tom Emmer of Minnesota says that the Federal Reserve issuing a central bank digital currency (CBDC) would centralize the financial information of Americans, leaving them open to surveillance from their own government. “As […] The post Congressman Introduces Bill To Limit Federal Control of US-Backed Crypto Assets appeared first on The Daily Hodl.