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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

Hagerty, Cruz, Colleagues Introduce Legislation to ban Central

Washington

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

Sen. Cruz Introduces Legislation to Ban Central Bank Digital

Texas

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

“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.”

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

Sen. Cruz Introduces Bill to Block Federal Reserve from Issuing

Texas Introduces Bill to Ban Central Bank Digital

Texas Introduces Bill to Ban CBDCs - WalletInvestor Magazin

Whereas

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

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

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

Washington

Sen. Ted Cruz Introduces Bill Prohibiting Fed From

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