IPFS News Link • Central Banks/Banking
Texas Introduces Bill to Ban Central Bank Digital Currency (CDBC)
• Watcher.GuruTexas is introducing a bill to ban a central bank digital currency (CBDC) in the state. The bill was introduced today by the 88th Legislature.
A central bank digital currency (CBDC) is a digital form of money that is a liability of the Federal Reserve, rather than a liability of commercial banks.
JUST IN: ???????? Texas introduces bill to ban central bank digital currency (CBDCs) in the state.
— Watcher.Guru (@WatcherGuru) May 12, 2023
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