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🗞️🏛️ Fox Business reporter Eleanor Terrett reports, "It passed." 📜 The bill underlines that the Federal Reserve can issue CBDC (Central Bank Digital Currency) directly to individuals, raising concerns about potential monitoring. The bill calls for the Federal Reserve to prohibit direct CBDC issuance to individuals and prevent indirect issuance through intermediaries. 🚫💳 Meanwhile, the bill approved by the Financial Services Committee is slated for submission to the House of Representatives for a vote. 📊🗳️ A significant development in the CBDC debate. #CBDC #FederalReserve #LegislationUpdate
🗞️🏛️ Fox Business reporter Eleanor Terrett reports, "It passed." 📜 The bill underlines that the Federal Reserve can issue CBDC (Central Bank Digital Currency) directly to individuals, raising concerns about potential monitoring. The bill calls for the Federal Reserve to prohibit direct CBDC issuance to individuals and prevent indirect issuance through intermediaries. 🚫💳 Meanwhile, the bill approved by the Financial Services Committee is slated for submission to the House of Representatives for a vote. 📊🗳️ A significant development in the CBDC debate. #CBDC #FederalReserve #LegislationUpdate
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