Anti-Central Bank Digital Currency provision included in US House-approved defense policy bill

BlockBeats News, August 22nd, according to The Block, an anti-Central Bank Digital Currency (CBDC) provision has been included in a defense appropriations bill seen as "must-pass" legislation. This provision has been added to the latest version of the United States House of Representatives' National Defense Authorization Act (NDAA).

The newly added chapter in the bill is titled the "Anti-CBDC Surveillance Act," and its contents align with a bill previously introduced by House Majority Leader Whip Tom Emmer. Earlier this summer, the full House passed Emmer's bill with a vote of 219 to 210. The bill aims to prohibit the Federal Reserve from directly issuing a central bank digital currency to individuals.