CoinDesk published this video item, entitled “Why Congressman Tom Emmer Wants to Limit the Fed’s Ability to Issue Digital Dollar” – below is their description.
Congressman Tom Emmer (R-MN) shares insights into his new bill aimed at prohibiting the Federal Reserve from issuing a CBDC directly to individuals. This comes after the Fed has just released a white paper on the digital dollar. “Simply put, the bill that we dropped is a statutory prohibition on a potential surveillance tool that I believe will kill private sector innovation and deflate the dollar’s dominance,” Emmer said.
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