Republican opposition to Central bank digital currencies

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Central bank digital currency (CBDC) has become a favored target of Republican politicians, who argue it threatens user privacy by granting central issuer the power to control spending, freeze funds, and scrutinize transactions and worked towards banning CBDC development in the United States
Mark Gordon, state governor of Wyoming, signed a bill into law prohibiting the development of a central bank digital currency (CBDC) in the state, declaring their opposition to CBDCs just a couple of weeks before confirming the launch of the Wyoming stablecoin.

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House Majority Whip Tom Emmer strongly opposes the Wyoming Stablecoin initiative

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