Published by
Benzinga
Benzinga
In a move to safeguard the financial privacy of U.S. citizens, Republican Representative Tom Emmer (R-Minn.) has brought back the “CBDC Anti-Surveillance State Act” in the United States House of Representatives. What Happened: As reported by Cointelegraph, the legislation was reintroduced by Emmer on September 12, with support from 49 co-sponsors. Designed to block the Federal Reserve from issuing a central bank digital currency (CBDC), Emmer views CBDCs as a potential surveillance tool. “The administration has made it clear: President Biden is willing to compromise the American people’s right…