Senators Introduce Bill to Limit Use of China's Digital Currency in the US — 'This Is a Major Financial and Surveillance Risk' – Regulation Bitcoin News

Senators Introduce Bill to Limit Use of China's Digital Currency in the US — 'This Is a Major Financial and Surveillance Risk'

According to the text of the bill, the legislation seeks “To prohibit the use of the digital currency payment system operated by the government of the People’s Republic of China, and for other purposes.”The Chinese Communist Party will use its digital currency to control and spy on anyone who uses it. We can’t give China that chance.

It makes no sense to tie yourself to something like USDC since we still haven’t seen the audit..

we should ban everything china

👍🏾

Okay, if the Chinese CBDC is so evil, let's make sure that America does not follow in its footsteps with its own evil CBDC.

We all understand the real reason for this.

Ok, what will they say when Mexico creates its own cbdc due to the success of $mxnt? Why don't they ban not only cbdcs in their country, but also fiat currencies?

The longer the time passes, the more stupid America becomes ...

🧐🧐🧐 hmm, the whole perspective, each country should handle their own digital currently internally and leave external countries out of each others digital currency, let us not start a digital currency war 10 years from now affecting peoples hard word earned money.

They hates you because you and your culture made very bad thing to the rest of the world,European and American people They owe an apology to world and need to try to fix what they have done, but none of you accepting your mistakes

The USA has had a tremendous advantage with the USD as a global reserve currency. This will change, and the best thing the USA could do is adopt bitcoin and proclaim monetary equality and fairness worldwide. The alternative is giving someone else the power the USA once held.

Dm ASAP for business

this is why DAOs like bitDAO matter, because they literally re-educate students on the importance of financial education through proposals like the eduDAO, and they make sure everyone gets to speak their mind freely

👆👆GOOD DAY ! LOOK ME 🤑

dogecoin btc elonmusk Cointelegraph Those fo-olish donnkeys (big whales and fish) who are still looking for the bottom will be f - a -ked in one night when Bitcoing pumps quickly to 37k

Nonsense. Malicious speculation about a country has an agenda.

the single most valuable digital asset,Bitcoin

$btc is freedom to all in the world.

If they do this shit in the US there's no way I'm gonna use it over usdt

so did all cbdc purposes, like cookies and spywares on website

333Crypto Lol and America won’t ?

The only Coin that give People real freedom is Bitcoin ! Soon or late anyone will understand !

Um...yeah...not a chance. onlybitcoin employerspaywithbitcoinplease

So basically they're admitting that all the crypto wallets are being used by US agencies to control and spy on anyone who uses it, thank you for the confirmation🤡 🤣

Think of Bitcoin as a bow. The more it goes down, the more it goes up

'We won't give them a chance' Turn around and use tiktok 🤣🤣🤣

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