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CryptoCoin.News 2024-05-21 11:22:18

ABA Pushes Back Against Federal Reserve’s Digital Currency Plans

The American Bankers Association (ABA) is calling on House leaders to halt the Federal Reserve’s plans to create a Central Bank Digital Currency (CBDC) for individual use. In a letter sent on Monday, the ABA urged support for a bill that aims to block this initiative. Introduced by Congressman Tom Emmer (R-Minn.) in September 2023, The post ABA Pushes Back Against Federal Reserve’s Digital Currency Plans appeared first on CryptoCoin.News .

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