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

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

Hagerty, Cruz, Colleagues Introduce Legislation to ban Central

This Bill Blocks The Issuance

“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.”

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

Texas Introduces Bill to Ban Central Bank Digital

Washington

Sen. Cruz Introduces Bill to Block Federal Reserve from Issuing

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

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

Texas Is Taking Steps To

Texas Introduces Bill to Ban CBDCs - WalletInvestor Magazin

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

Whereas

Ted Cruz introduces bill blocking Fed from adopting

Sen. Cruz Introduces Legislation to Ban Central Bank Digital

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

Texas

Sen. Ted Cruz Introduces Bill Prohibiting Fed From

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