US lawmakers warn temporary CBDC ban isn’t enough, demand 'permanent' block
US lawmakers are urging for a permanent ban on Central Bank Digital Currencies (CBDCs) rather than a temporary one. They argue that a temporary measure would not adequately protect consumers and the financial system from potential risks associated with CBDCs. The call for a permanent block reflects concerns over privacy, government control, and the implications for the existing banking system. Lawmakers emphasize the need for comprehensive legislation to address these issues effectively.
Read the full article: Coin Telegraph