Breaking: US Representative Unveils Bill To Block CBDC Pilot Program

A growing number of Republican lawmakers are calling to block a central bank digital currency (CBDC) from being issued in the United States. In the latest development, Rep. Alex Mooney of West Virginia has introduced the Digital Dollar Pilot Prevention Act, which aims to prevent the Federal Reserve from launching a pilot program to test the operability of a CBDC within the U.S. financial system.