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News Explorer — Republican Representative Warren Davidson Urges Congress to Ban, Criminalize the Development of CBDCs

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Jul 24, 3:16 am
Cointelegraph

Republican Representative Warren Davidson Urges Congress to Ban, Criminalize the Development of CBDCs

Republican Representative Warren Davidson has called for a ban on Central Bank Digital Currencies (CBDCs) and criminalization of their development. He argues that CBDCs corrupt money and give too much control to central authorities. Davidson's comments come in response to the Federal Reserve's advertisement for a senior crypto architect to work on a CBDC project.

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