“(v) taking measures to protect Americans from the risks of Central Bank Digital Currencies (CBDCs), which threaten the stability of the financial system, individual privacy, and the sovereignty of the United States, including by prohibiting the establishment, issuance, circulation, and use of a CBDC within the jurisdiction of the United States.”
Complain all you want about not getting a Strategic Bitcoin Reserve. This is awesome.
Won’t a cbdc come through the private sector like xrp or usdc?
a dollar token on solana is a cbdc
As others have brought up, the US has a tendancy to use corporate actors as mechanisms of law enforcement.
Tech companies sell data which can be purchased for mass or individual surveillance, but to anyone.
The custodian that issues a US crypto token, will have certain compliance requirements.
Companies are just law enforcement with happy little mascots these days, and by their nature are worse than if a government body with all of its political restrictions, lazy federal workers, and bloated budgets did it themselves.
