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Investment bank TD Cowen: The US Republican push for anti-CBDC bills may undermine support for stablecoin bills
2024-04-01 15:21
Odaily News According to a latest report released by investment bank TD Cowen, the CBDC Anti-Surveillance State Act proposed by U.S. House Majority Whip Tom Emmer last year may be voted on together with the highly anticipated stablecoin bill, which may It would undermine bipartisan support for a stablecoin bill, as Democrats generally believe the value of central bank-issued cryptocurrencies should at least be explored. Senior leaders from both parties have been negotiating for years on a stablecoin bill. Previously, Federal Reserve Chairman Jerome Powell said the central bank was “far from” recommending or adopting CBDC. (TheBlock)