US senator proposes ban on Fed issuing CBDC

PA一线
PA一线03/28/2025, 12:10 PM

PANews reported on March 28 that according to zerohedge, U.S. Senator Ted Cruz introduced a bill on March 26 that proposed to ban the Federal Reserve from issuing central bank digital currencies (CBDCs). The Texas Republican senator's bill can be seen as a companion bill to the anti-CBDC legislation of Minnesota Republican Congressman Tom Emmer. Both bills state that the ban does not include open, permissionless and private dollar-denominated currencies, which need to "protect the privacy of U.S. coins and physical currencies."

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Author: PA一线

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