US lawmakers advance legislation blocking the digital dollar By Cointelegraph
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The United States House Financial Services Committee is moving forward with legislation aimed at preventing the issuance of a central bank digital currency.
According to an announcement from chairman Patrick McHenry, the committee will mark up two bills about a potential digital dollar on Sept. 20. Markups are sessions in which lawmakers discuss the details of a bill. It is a crucial step before legislation moves to the House floor.
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The United States House Financial Services Committee is moving forward with legislation aimed at preventing the issuance of a central bank digital currency.
According to an announcement from chairman Patrick McHenry, the committee will mark up two bills about a potential digital dollar on Sept. 20. Markups are sessions in which lawmakers discuss the details of a bill. It is a crucial step before legislation moves to the House floor.
Continue Reading on Coin Telegraph