Texas Senator Ted Cruz Launches New Legislation To Ban Central Bank Digital Currencies (CBDCs)

Republican senator Ted Cruz is continuing to press for the US government to ban central bank digital currencies (CBDCs). According to a new press release from Cruz (R-Texas), the Senator is introducing legislation to outright ban CBDCs. According to the release, the legislation is a partisan effort between Sens. Bill Hagerty (R-Tenn.), Rick Scott (R-Fla.), Ted...

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