Last week saw an unlikely first move in the opening narrative battle around a prospective U.S. central bank digital currency: Congressperson Tom Emmer came forward with an initiative to legally restrict the Federal Reserve’s capacity to issue a retail CBDC and take on the role of a retail bank. This could be massively consequential as we are yet to see a similarly sharp-cut expression of an opposing stance. As a matter of fact, it is not even clear whether other U.S.
Below is the concise version of the latest “Law Decoded” newsletter. For the full breakdown of policy developments over the last week, register for the full newsletter below.The tension between decentralized digital money and state-issued CBDCs is at the heart of the ongoing global shift toward digital payment rails.
While it may take a long time before Emmer’s initiative reaches the House floor, the mere articulation of such a position by a member of Congress can have a significant impact on the course of the policy conversation around a potential CBDC.
Oh, I don't even know, it will be the one who probably has nothing to lose!
Dictators,totalitarians, communists and grifters
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70% of Jamaica population to adopt CBDC in 5 years, prime minister saysThe Prime Minister of Jamaica is optimistic about the country's CBDC rollout. Andrew Holness has predicted that 70% of Jamaica's population will use digital JMD in the next five years No one needs this coin lol. I think that the CBDC are created so that the government can mint it for their own benefits. Otherwise, it would be easier to develop regulation for stablecoins like Tether and use it. $bscs bscstation 🔥
Source: Cointelegraph - 🏆 562. / 51 Read more »
New Texas Voting Law Snags US Citizens, Mail Ballot RequestsA sweeping new Texas voting law that Republicans muscled through the Legislature last year over dramatic protests is drawing fire again, even before some of the most contentious restrictions and changes kick in ahead of the state’s first-in-the nation primary. Sounds like system is working. Those who are legal voters are able to quickly clear up the confusion. Not a single legal voter being prevented from voting. Can anyone name 1 registered US citizen who was not allowed to vote in the past 50 years? My ballot app was rejected. I have voted by mail for three years. The app says supply either SS or DL. If u pick wrong, and it is easy to do, no mas. The app dors not indicate that the ID must match and to check. It is deceptive, reoressive and totally calculated to repress votes
Source: NBCDFW - 🏆 288. / 63 Read more »
Prosecutor: Texas attorney general violated open records lawA district attorney says Texas Attorney General Ken Paxton violated the state’s open records laws by withholding or failing to retain his communications relating to his appearance at a pro-Donald Trump rally that preceded the deadly riot at the U.S. Capitol last year.
Source: AKNewsNow - 🏆 460. / 53 Read more »
Elon Musk’s Tesla asked law firm to fire associate hired from SEC: WSJA partner at law firm Cooley LLP got an unexpected call late last year from a lawyer for one of the firm’s most famous clients, Elon Musk’s Tesla Inc., with an ultimatum. He knows what’s up Wow nice one. This is cool _XRpizza Very good point. Fuck with us once and forget the possibilities of private sector, where we can and will pick lawyers who haven’t fucked us.
Source: FoxBusiness - 🏆 458. / 53 Read more »
UK PM Johnson broke the law and lied about it - opposition leader StarmerThe leader of Britain's opposition Labour Party said Prime Minister Boris Johnson had broken the law and then lied about it over parties held inside his Downing Street residence during coronavirus lockdowns. More to come too. If you think this is all boris has done ...
Source: Reuters - 🏆 2. / 97 Read more »
Law enforcement skeptical of Biden's 'ill-timed' pivot to executive orders on police reform: 'Not sustainable'FIRST ON FOX: Law enforcement organizations are expressing concern and skepticism of Biden's reported plan to resort to the use of executive orders on police reform, saying it is 'not a sustainable' means of achieving long-term change, and a political attempt to distract from the administration's week of defeats. ANTIFA is trying to corrupted the law enforcement with non sense . Stop the discrimination of racism of hate & crimes committed . Every person commits a crime will pay & do the time . White , black or anyone else will do the time . No favours with crimes committed Professionalism does not favour organized crimes , ANTIFA ally ship Alluminati / Illuminati Organization .
Source: FoxNews - 🏆 9. / 87 Read more »