List of Flash News about US digital dollar
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2025-05-06 18:21 |
Tom Emmer Pushes Anti-CBDC Surveillance State Act: Crypto Market Reacts to Central Bank Digital Currency Debate
According to Tom Emmer (@GOPMajorityWhip) on Twitter, the introduction of the Anti-CBDC Surveillance State Act signals significant resistance within the US legislative branch against central bank digital currencies (CBDCs), citing concerns over privacy and government overreach (source: Tom Emmer Twitter, May 6, 2025). Traders should note that such political opposition could delay or alter the implementation of a US CBDC, potentially supporting the appeal of decentralized cryptocurrencies like Bitcoin and Ethereum in the short term. Heightened regulatory debates may drive volatility and influence trading strategies across the crypto sector as market participants assess risks related to state-backed digital currencies. |