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Will US Government Freeze Bank Accounts Through Payments Network FedNow? Agency Responds to Criticism and Concern
By Alex Richardson at 2026-06-25 19:50
Sentiment: Negative
Fed officials are addressing concerns that FedNow, the new instant payment infrastructure developed by the Federal Reserve, will allow the government to surveil and freeze Americans’ bank accounts. In a new fact checking report from the Associated Press, officials from the Federal Reserve say that the new service “does not give the agency additional surveillance […] The post Will US Government Freeze Bank Accounts Through Payments Network FedNow? Agency Responds to Criticism and Concern appeared first on The Daily Hodl. Continue reading...
Categories: Futuremash
Tags: #Futuremash #cbdc #central bank digital currency #Federal Reserve #fednow #News
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