US Lawmaker Launches Bill to Prohibit the Fed From Issuing Digital Currency Directly to Individuals

US Lawmaker Launches Bill to Prohibit the Fed From Issuing Digital Currency Directly to Individuals
A U.S. lawmaker has introduced a bill in Congress to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals. “It is important to note that the Fed does not, and should not, have the authority to offer retail bank accounts,” he stressed.
US Lawmaker Launches Bill to Prohibit the Fed From Issuing Digital Currency Directly to Individuals