Sen. Ted Cruz (R-Texas) introduced legislation on 30th March 2022 to prohibit the Federal Reserve from issuing a central bank digital currency directly to individuals.
The concern with CBDC's is that once introduced, Governments will have unprecedented control over an individuals use of their finances.
Sen. Cruz Introduces Legislation Prohibiting Unilateral Fed Control of a U.S. Digital Currency | U.S. Senator Ted Cruz of Texas
WASHINGTON, D.C. – U.S. Sen. Ted Cruz (R-Texas), member of the Senate Commerce Committee, today...