In a move to safeguard financial privacy and prevent government surveillance, a bipartisan group of United States senators have introduced a legislation aimed at halting the issuance of Central Bank Digital Currencies (CBDCs). The proposed bill, CBDC Anti Surveillance State Act, challenges the authority of the Federal Reserve to implement CBDCs, expressing concerns over potential infringements on individuals’ freedom and privacy.

CBDCs have been a topic of discussion in the recent years, with proponents touting their potential efficiency and convenience. However, critics argue that CBDCs could pose significant risks to privacy and freedom, allowing for extensive government surveillance…

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