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U.S. Crypto Regulations Are Moving Against a CBDC and Non-Compliant Stablecoins Like Tether (USDT): JPMorgan

Altszn.com by Altszn.com
June 6, 2024
in Blockchain, Crypto, DeFi, Web3
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U.S. Crypto Regulations Are Moving Against a CBDC and Non-Compliant Stablecoins Like Tether (USDT): JPMorgan
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The Central Bank Digital Currency (CBDC) Anti-Surveillance State Act is an attempt to block a U.S. CBDC and prevents Federal Reserve banks from offering certain products to consumers and from using a central bank digital currency for monetary policy, the report added. The House passed the bill banning the Federal Reserve from issuing a CBDC last month, however, its prospects in the Senate are unclear.



Read More: www.coindesk.com

Tags: CBDCCryptoDeFiJPMorganMovingNonCompliantregulationsStablecoinsTetherU.S.USDT
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