Emmer’s CBDC Anti-Surveillance State Act Passes Financial Services Committee (emmer.house.gov)

submitted 5 months ago by SwingingKoala@discuss.tchncs.de to c/bitcoin@lemmy.world

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cross-posted from: https://discuss.tchncs.de/post/16203982

In China, the Communist Party is using a central bank digital currency to track the spending habits of its citizens. The data is being used to create a social credit system that rewards or punishes people based on their behavior.

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this post was submitted on 23 May 2024

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