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House Votes on Permanent CBDC Ban
Description
House Votes on Permanent CBDC Ban: Privacy Concerns and Government Control
The House is set to vote on a housing bill with an amendment that would make a ban on a US central bank digital currency (CBDC) permanent. This comes after another bill, the Anti-CBDC Surveillance State Act, passed the House, aiming to block the Fed from creating a CBDC altogether due to privacy and government control concerns. The debate is heating up as the vote approaches, with critics warning of potential government overreach and erosion of economic freedom.
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