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Posted: 2025-07-18 11:54:23 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-07-18 11:54:38 UTC
Verified By
Rollup News
The House passed a bill sponsored by Rep. Kiley to prohibit the Federal Reserve from issuing a Central Bank Digital Currency (CBDC), aiming to prevent surveillance and control similar to that of the Chinese Communist Party (CCP).
Prohibition of Federal Reserve issuing a Central Bank Digital Currency
Prevention of CCP-style surveillance and control
Protection of liberty and privacy of Americans
Potential emergence of CCP-style surveillance and control through CBDC
Threats to the liberty and privacy of American citizens