GOP lawmaker moves to block Fed-run CBDC via ‘Anti-CBDC Surveillance State’ NDAA push
NegativeCryptocurrency

- Texas Representative Keith Self has introduced an amendment to the 2026 National Defense Authorization Act (NDAA) aimed at prohibiting a Federal Reserve-run Central Bank Digital Currency (CBDC), labeling it an 'Anti-CBDC Surveillance State' initiative. This move is seen as a test of GOP unity on digital dollar policy and a challenge to former President Trump's previous directives regarding cryptocurrency.
- The proposed amendment is significant as it reflects ongoing tensions within the Republican Party regarding the future of digital currencies and the role of government in regulating them. It underscores a growing concern among some lawmakers about privacy and surveillance implications associated with a CBDC.
- This development occurs against a backdrop of shifting governmental attitudes toward cryptocurrency, highlighted by Texas's recent investment in Bitcoin and discussions among Senate Democrats and Republicans about establishing a regulatory framework for the crypto market. These contrasting approaches illustrate the complexities and divisions within U.S. cryptocurrency policy.
— via World Pulse Now AI Editorial System


