US Lawmakers Advance Legislation Blocking The Digital Dollar | Old North State Wealth News
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US lawmakers advance legislation blocking the digital dollar

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The United States House Financial Services Committee is moving forward with legislation aimed at preventing the issuance of a central bank digital currency.

According to an announcement from chairman Patrick McHenry, the Committee will mark up two bills about a potential digital dollar on Sep. 20. Markups are sessions in which lawmakers discuss the details of a bill. It is a crucial step before a legislation moves to the House floor.

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