Senator Ted Cruz has long opposed CBDCs, advocating for transparent and private currency systems. His ‘Anti-CBDC Surveillance State Act’ reflects ongoing concerns regarding government oversight and the impact of CBDCs on privacy.
Alongside Emmer’s House bill, these initiatives represent a significant push against CBDCs in the U.S., warning of potential risks associated with digital currencies, despite some proponents arguing for their benefits in modernizing financial infrastructure.
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