Warren Davidson calls for a ban on central bank digital currencies

The post Warren Davidson calls for a ban on central bank digital currencies appeared first on Coinpedia Fintech News

US Congressman Warren Davidson is calling for central bank digital currencies (CBDCs) to be banned and their development made a criminal offense. He claims CBDCs will corrupt money into a tool for coercion and control. The call comes in response to a job advert by San Francisco’s Federal Reserve Bank for a senior crypto architect to work on a CBDC project. Other US politicians including presidential candidate Ron DeSantis have also spoken out against CBDCs.

Source: https://coinpedia.org/crypto-live-news/warren-davidson-calls-for-a-ban-on-central-bank-digital-currencies/