On Friday, Congressman Alex X. Mooney (R-VA) introduced legislation to prevent a digital dollar, or Central Bank Digital Currency (CBDC) pilot program through the Federal Reserve. H.R. 3712, known as the Digital Dollar Pilot Prevention Act aims to close a loophole that the Federal Reserve is using in CBDC pilot projects, which drew attention last year for involving the private sector.Read More
House Republicans Rally Against Federal Reserve’s Digital Dollar CBDC Pilot Programs
