The House Financial Services Committee has given its approval to a bill that seeks to limit the Federal Reserve’s progress towards a U.S. Central Bank Digital Currency (CBDC). The bill underscores the importance of citizen privacy and mandates explicit congressional approval for CBDC development. https://twitter.com/GOPMajorityWhip/status/1704553373901394141 A recent report from Bitcoin Magazine highlighted the committee’s endorsement of this crucial legislation, which is designed to curb the...