Mr Emmer: “Unlike decentralised cryptocurrencies, a central bank digital currency (CBDC) is a digital form of sovereign currency. It is designed and issued by a goverment, and transact on a digital ledger that is controlled by that government. In Short, a CBDC is a government controlled programmable money that, if not designed to emulate cash, could give the federal government the ability to surveil and restrict American transactions. It is not just alarming; it is downright un-American.“