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75 U.S. lawmakers have backed Tom Emmer’s proposed CBDC anti-surveillance bill

CointimeCointime2024/01/02 08:16
By:Cointime

75 US lawmakers have now supported the CBDC Anti-Surveillance Act. Representative Tom Emmer, who proposed the bill, wrote on X platform on Saturday: "I have introduced the CBDC Anti-Surveillance National Act to protect Americans' financial privacy rights, and it has 75 legislative supporters. We will continue to gain more support." Emmer emphasized: "Unlike decentralized cryptocurrencies, central bank digital currencies are digital forms of sovereign currencies designed and issued by governments, and traded on government-controlled digital ledgers. In short, central bank digital currencies are programmable currencies controlled by governments, and if not designed to mimic cash, they may enable the US federal government to monitor and restrict Americans' transactions."

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