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2026-01-01
00:42

US Senator: Digital IDs and CBDCs will strip Americans of financial freedom and privacy

U.S. Senator Warren Davidson issued a warning that the GENIUS Act could deprive individuals of financial freedom and privacy, leading to increased surveillance of the financial system. He criticized the bill for promoting the implementation of central bank digital currencies and called for a return to Bitcoin's permissionless payment promise. Another senator, Marjorie Taylor Greene, expressed support for and opposition to the bill.
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