The House Financial Services Committee has greenlit a bill to halt any advances toward creating a U.S. Central Bank Digital Currency (CBDC). The controversial move ignited debates on Capitol Hill, particularly over concerns about stifling innovation and U.S. competitiveness in the global financial landscape. Hitting the Brakes on CBDC Headed by Rep. Patrick McHenry (R-N.C.),
The post Breaking: House Committee Approves Bill to Restrict FED’s U.S. CBDC Plans appeared first on CoinGape.
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