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Dueling Digital Dollar Bills Debated in Congressional Hearing on U.S. CBDC

House Republicans want to ban U.S. CBDCs before they’re even formally proposed by the Federal Reserve, but one senior Democrat is pitching a bill that goes the other way.

By Jesse Hamilton|Edited by Nikhilesh De

Updated Sep 22, 2023, 3:24 p.m. Published Sep 14, 2023, 4:24 p.m.

Legislation in the House of Representatives is on a collision course over a future U.S. central bank digital currency. (Jesse Hamilton/CoinDesk)