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Texas Takes a Stand Against Central Bank Digital Currency (CBDC)

Sen. Ted Cruz (R-Texas) introduced a bill on Tuesday aimed at blocking the Federal Reserve from creating a consumer-based central bank digital currency, or CBDC.

Texas is taking steps to ban the use of a central bank digital currency (CBDC) within the state. The bill, introduced by the 88th Legislature, aims to address concerns

Washington

Sen. Cruz Introduces Bill to Block Federal Reserve from Issuing

Texas, a state in the south-central region of the United States, introduced a bill to ban CBDC. The bill states the retail of CBDCs is issued to the general public

WASHINGTON, D.C. – U.S. Sen. Ted Cruz (R-Texas) introduced the Anti-CBDC Surveillance State Act, legislation that prohibits the Federal Reserve from issuing a

Washington

GOP Sen. Ted Cruz Proposes Ban on a CBDC - CoinDesk

Ted Cruz introduces bill blocking Fed from adopting

WASHINGTON, D.C. – U.S. Sen. Ted Cruz (R-Texas), joined by Sens. Bill Hagerty (R-Tenn.), Rick Scott (R-Fla.), Ted Budd (R-N.C.), and Mike Braun (R-Ind.), today

Whereas

WHEREAS, A central bank digital currency (CBDC) is a digital form of money that is a liability of the Federal Reserve, rather than a liability of commercial banks; retail CBDCs are issued to the

Sen. Ted Cruz Introduces Bill Prohibiting Fed From

Hagerty, Cruz, Colleagues Introduce Legislation to ban Central

Texas Introduces Bill to Ban CBDCs - WalletInvestor Magazin

88 (R) HCR 88 - Introduced version - Bill Text

Sen. Cruz Introduces Legislation to Ban Central Bank Digital

This Bill Blocks The Issuance

Texas Introduces Bill to Ban Central Bank Digital

“This bill blocks the issuance of a central bank digital currency, preventing CBDC from being used as a tool to surveil and violate Americans’ privacy.”