The U.S. government is taking a firm stance on crypto with new bills introduced by lawmakers. One bill aims to ban federal officials from engaging with Chinese blockchain companies, including iFinex and Tether's USDT. Another bill, the Keep Your Coins Act, seeks to protect individuals' rights to self-custody Bitcoin and other cryptocurrencies, allowing them to trade without third-party intermediaries. Additionally, a GOP bill seeks to defund the CBDC Working Group. The private sector is expected to play a larger role in bringing central bank digital currencies (CBDC) to the market, according to Agustin Carstens, chief of @BIS_org. The architecture of CBDC offers real-time information on CBDC balances held by financial institutions, as highlighted by Sauradeep Bag.
Central Bank Digital Currency (CBDC) Update 🇺🇸 GOP bill (H.R. 4664) seeks to defund CBDC Working Group; introduced by U.S. Rep. Alex Mooney https://t.co/kqcwS9AYt4 🌐 Session 4 of APEC will discuss CBDCs, crypto, and stablecoins, according to Janet Yellen… https://t.co/Y8CnRGExoU https://t.co/PJ4I5NnGQq
CBDC architecture offers an alternative and #innovative approach; it equips central bank economists and regulators with a #wealth of near real-time information regarding CBDC balances held by #financial institutions, highlights Sauradeep Bag https://t.co/R97DXiVGsb
CBDC Daily Alert 🇷🇺🇦🇪 Russia Partners with the UAE for cross-border digital ruble payments; could launch within a year https://t.co/y97GxcaD5a 🌐 the Nobel Sustainability Trust launches the Central Bank Digital Currency Collaboration Organization (CBDCCO); the Federal Reserve,… https://t.co/osaFYTCPK7 https://t.co/eVywxtZMfl
This week in crypto policy: + Amendments to a Financial Services Appropriations Bill + Keep Your Coins Act: a bill to protect self-custody + Chinese CBDC Prohibition Act: a bill to prohibit U.S. money services businesses from engaging in trasncations involving Chinese CBDCs https://t.co/8QIgZLsxNM
The U.S. is escalating its stance on crypto with a new bill that would bar officials from engaging with Chinese blockchain firms — including iFinex and Tether's USDT. https://t.co/HsQwW7f0kk
U.S. Senator Ted Budd has introduced a new bill, the Keep Your Coins Act, to protect citizens’ rights to self-custody Bitcoin and other cryptocurrencies, hoping to protect individuals from using crypto assets to trade without the need to utilize third-party intermediaries.… https://t.co/12W0RzEcox
U.S. Senator Ted Budd has introduced a new bill, the Keep Your Coins Act, to protect citizens’ rights to self-custody Bitcoin and other cryptocurrencies, hoping to protect individuals from using crypto assets to trade without the need to utilize third-party intermediaries. right.… https://t.co/3mZsqCf4e7
U.S. Government Proposal Aims to Outlaw Chinese Crypto Networks, Blockchains https://t.co/PfD8PM5r3F https://t.co/m28SDWl2Wr
📣 Latest News: U.S. lawmakers introduce CLARITY Act to limit federal ties with Chinese blockchain #news #cryptonews #crypto #regulations
U.S. lawmakers on Wednesday introduced a bill that would ban federal officials from doing business with Chinese blockchain companies. The bill also explicitly blocks U.S. government officials from transacting with iFinex, the parent company of Tether. Chinese companies Includes… https://t.co/HluO8eJbaH
Central bank digital currencies (CBDC) are central to innovating financial systems, but the private sector will play a larger role in getting them to market, says @BIS_org chief Agustin Carstens. @iamsandali reports https://t.co/hr32RqJsIg