News Explorer — House Republicans Attach Anti-CBDC Measure to Defense Bill

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Aug 22, 10:26 am

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House Republicans Attach Anti-CBDC Measure to Defense Bill

House Republicans have included a provision in a defense bill to ban central bank digital currencies (CBDCs) in the U.S., citing concerns over privacy and control. The U.S. remains the only major economy halting retail CBDC development, though stablecoins are gaining traction amid fears of CBDCs centralized control and privacy issues.

House Republicans have included a provision in a defense bill to ban central bank digital currencies (CBDCs) in the U.S., citing concerns over privacy and control. The U.S. remains the only major economy halting retail CBDC development, though stablecoins are gaining traction amid fears of CBDCs centralized control and privacy issues.

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