The U.S. House passed the Anti-CBDC Surveillance State Act, prohibiting the Federal Reserve from issuing or testing a digital ...

The votes come after a multiday Republican revolt during "crypto week" over language barring the creation of a central bank digital currency.

The U.S. House of Representatives approved a bill on Thursday that requires the Federal Reserve to obtain congressional approval before issuing a central bank digital currency (CBDC). The CBDC ...