Trump Said He Won't Allow CBDCs, Now His Party Is Proposing A Bill To Halt The Introduction Of Such 'Programmable Money'

Benzinga 2024-02-27

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GOP senators have proposed a bill that would ban the use of official cryptocurrencies supported by central banks. These digital assets, known as Central Bank Digital Currencies (CBDC) or stablecoins, have been under the Biden administration’s scrutiny and the Federal Reserve’s study, reported The Hill.

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