US Congressman Wants to Block CBDC: It May Cause Some Trouble

In the United States, elected congressman Tom Emmer, the Federal Reserve’s digital currency (CBDC) He prepared a bill to prevent it from being put on the market.

Emmer shared on Twitter today. CBDC He publicly released his bill, the State Against Surveillance Act. If the congressman’s purpose is “Protecting the material privacy of American citizens” as declared.

“The digital version of the dollar could cause our country to stumble on issues such as individual sovereignty and free market power. If we do not make this arrangement, a dangerous surveillance tool may be activated by the state organs.”

The bill, drafted by the US senator, aims to prevent the state from using CBDCs to control the economy and the wealth of citizens. In addition, according to the FED In his mind, he will not control the supply of digital dollars.

“We Must Maintain Our Leadership in the Field of Technology”

Congressman Emmer also spoke about regulation. Emmer pointed out that the USA reached its leading position in technology with freedom, not strict regulation.

If the bill passes the parliament, the FED’s digital dollar project will suffer greatly. The American government wants to create an alternative to crypto with a digital currency.

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