{"id":126410,"date":"2025-04-03T18:16:21","date_gmt":"2025-04-03T18:16:21","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=126410"},"modified":"2025-04-03T18:16:21","modified_gmt":"2025-04-03T18:16:21","slug":"us-lawmakers-vote-to-advance-anti-cbdc-bill","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=126410","title":{"rendered":"US lawmakers vote to advance anti-CBDC bill"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsThe US House Financial Services Committee has advanced a bill aimed at preventing federal banks from using or issuing central bank digital currencies, or CBDCs, paving the way for a vote in the chamber.<br \/>\nIn an April 2 committee session, lawmakers voted 27-22 in favor of passing the CBDC Anti-Surveillance State Act. The bill was one of five the committee considered in a markup hearing discussing possible amendments. Lawmakers also approved a bill regulating payment stablecoins, setting up the legislation for a full House vote.<br \/>\n\u201cLast Congress, this bill passed out of the House of Representatives by a 216-192 vote,\u201d said Minnesota Representative Tom Emmer, the anti-CBDC bill\u2019s sponsor. \u201cSo far this Congress, this bill has 114 cosponsors and support from groups ranging from the Independent Community Bankers Association and the American Bankers Association to Club for Growth, Heritage Action, and the Blockchain Association.\u201d<br \/>\nMany Republican lawmakers have targeted institutions like the Federal Reserve or Treasury Department from exploring CBDC development, often citing financial privacy concerns.<br \/>\nAfter reintroducing the bill in March, Rep. Emmer suggested it was an attempt to codify an executive order from US President Donald Trump into law. That order, signed on Jan. 23, prohibited \u201cthe establishment, issuance, circulation, and use\u201d of a CBDC in the United States.<br \/>\nRelated: Crypto regulation must go through Congress for lasting change \u2014 Wiley Nickel<br \/>\nThis is a developing story, and further information will be added as it becomes available.<a href=\"https:\/\/cointelegraph.com\/news\/us-lawmakers-vote-advance-anti-cbdc-bill?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsThe US House Financial Services Committee has advanced a bill aimed at preventing federal banks from using or issuing central bank digital currencies, or CBDCs, paving the way&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126410"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=126410"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126410\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126410"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}