Minnesota Congressman Presents a CBDC Anti-Surveillance Act

Minnesota Congressman Tom Emmer introduced the CBDC Anti-Surveillance Act on February 22. The bill, according to Emmer, aims to stop the efforts of unelected bureaucrats in Washington from stripping Americans of their right to financial privacy. Reasons Behind Presenting the CBDC Anti-Surveillance Act Tom Emmer opposes the CBDC issue proposed by the Federal Reserve. Tom Emmer thinks that it will provide the government with unprecedented levels of financial control and surveillance capabilities, just like in China. He explained that there are three main goals for the bill. The first is preventing the Fed from directly distributing CBDCs to anyone. Second, The post Minnesota Congressman Presents a CBDC Anti-Surveillance Act appeared first on Cryptoknowmics-Crypto News and Media Platform .