Biden’s EO 14067 Promoting CBDC Is Now One Year Old
The devil is in the details. This 10-page Executive Order sounds innocuous until you get to the definitions section, where “”digital assets” is defined as “including centralized and decentralized finance platforms, or through peer-to–peer technologies.” Centralized means that transaction data is transmitted to a central database for storage and analysis.
Article I, Section 8, Clause 5 of the U.S. Constitution states, “[The Congress shall have Power
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