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US Lawmaker Introduces Legislation Prohibiting Fed From Issuing CBDC Without Congressional Approval
By Daily Hodl Staff at 2026-05-08 06:29
Sentiment: Positive
A member of the US House of Representatives is introducing bi-partisan legislation that would explicitly prohibit the Federal Government from issuing a Central Bank Digital Currency (CBDC) without approval by Congress. During new House Floor remarks, Rep. Jake Auchincloss (D-MA) says that CBDCs are controversial and should require Congress’ approval prior to any possible issuance […] The post US Lawmaker Introduces Legislation Prohibiting Fed From Issuing CBDC Without Congressional Approval appeared first on The Daily Hodl. Continue reading...
Categories: Regulators
Tags: #Regulators #cbdc #central bank digital currency #News
Source The Daily Hodl