HB1122
Type: B Origin: House USA Comments: 0

Cbdc Anti-Surveillance State Act

Summary
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AI Summary

The CBDC Anti-Surveillance State Act is a federal bill aimed at regulating the issuance and use of Central Bank Digital Currencies (CBDCs) to prevent government overreach and protect individual privacy. The main provisions of the bill include prohibiting the use of CBDCs for tracking individuals' financial transactions without their consent, limiting the data collected by government agencies, and establishing strict guidelines for protecting user data. This bill seeks to safeguard citizens' privacy rights in the digital currency realm and prevent potential abuse of surveillance powers by the government.

Bill Activity

  • 2023-02-21: Introduced in House

  • 2023-02-21: Referred to the House Committee on Financial Services.

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