Republican lawmakers introduce bill targeting China's CBDC on sanctions, privacy

by Aurelia Butler 10 March 2022, 20:20 169 Views

In a Wednesday announcement, Louisiana Senator Bill Cassidy and Tennessee Senator Marsha Blackburn, backed by seven other Republican senators, proposed the Say No To the Silk Road Act — a bill that would require certain government agencies to report on China’s central bank digital currency, or CBDC. The two senators said they had concerns over the digital surveillance and privacy of citizens and foreign users due to China’s rollout of its CBDC.

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Republican lawmakers introduce bill targeting China's CBDC on sanctions, privacy

Stocks making the biggest moves midday: Amazon, CrowdStrike, Micron and more

U.S. IRS plans 10,000 hires to help clear millions of unprocessed tax returns

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