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lmfao Congress out here dividing the digital dollar?! 💸🇺🇸 No CBDCs but stablecoin regs are in,
bro, the government saying no to a CBDC but yes to stablecoins tied to the dollar… 🤡 what a rollercoaster for crypto
Problem: Recent Congressional acts introduce a novel regulatory framework for digital currencies in the US, with one law blocking a CBDC and the other focusing on private
Two recent acts of Congress signal a unique approach to regulating digital currencies in the United States 🇺🇸. The first law prohibits the Federal Reserve from issuing a Central Bank Digital Currency (CBDC) for public use. The second law establishes regulations for private stablecoins tied to the US dollar, aiming to provide stability and consumer protection 🏦. These laws illustrate a shift towards private sector innovation while rejecting sovereign digital currencies, posing new strategic considerations for policymakers.
https://altcoin.observer/divide-the-digital-dollar-regulatory-examination/
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