US Lawmaker: Americans Don't Need CBDC That Can Track Purchases Like China's Dig

[sirty143]

US Lawmaker: Americans Don't Need CBDC That Can Track Purchases Like China's Digital Yuan

Several lawmakers have expressed concerns about the privacy risks of the Federal Reserve issuing a central bank digital currency (CBDC). “Americans have a right to financial privacy,” one congressman said, emphasizing... See more for yourself here.

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[cryptoworld1]

Several lawmakers have expressed concerns about the privacy risks of the Federal Reserve issuing a central bank digital currency (CBDC). “Americans have a right to financial privacy,” one congressman said, emphasizing: “We do not need a CBDC that can track your purchases like China does with their digital yuan.” Another noted: “CBDC is to sound money what dictatorship is to freedom.”