Sec. 5. Prohibition of Central Bank Digital Currencies.
(a) Except to the extent required by law, agencies are hereby prohibited from undertaking any action to establish, issue, or promote CBDCs within the jurisdiction of the United States or abroad.
(b) Except to the extent required by law, any ongoing plans or initiatives at any agency related to the creation of a CBDC within the jurisdiction of the United States shall be immediately terminated, and no further actions may be taken to develop or implement such plans or initiatives.
CBDC is only one form of digital currency. Trump banned CBDC while hiring Worldcoin’s CEO into the Stargate program. Worldcoin is a global digital financial system locked behind a global ID that scans your biometrics. Unlike CBDC, Worldcoin is decentralized.
They will be using decentralized digital currency and banning CBDC to make people think this was over.
Sec. 5. Prohibition of Central Bank Digital Currencies.
(a) Except to the extent required by law, agencies are hereby prohibited from undertaking any action to establish, issue, or promote CBDCs within the jurisdiction of the United States or abroad.
(b) Except to the extent required by law, any ongoing plans or initiatives at any agency related to the creation of a CBDC within the jurisdiction of the United States shall be immediately terminated, and no further actions may be taken to develop or implement such plans or initiatives.
They will be using decentralized digital currency and banning CBDC to make people think this was over.