Calls it gateway to government-controlled money

The representative Marjorie Taylor Greene condemned the law on engineering as a stolen door mechanism for the implementation of a digital currency from the Central Bank.

It also voted against the legislation which adopted the two chambers of the congress.

The deputy of Georgia warned that the bill on the regulation of Stablescoin opens the way to “a society without cash and the digital currency which can be armed against you by an authoritarian government”.

Greene expressed distrust of government control over monetary systems and wondered if the Americans had to trust the authorities “to never do this.”

It has described the legislation to allow the government to control the capacity of citizens to buy and sell via digital money systems.

Three crypto invoices create mixed regulatory results

Greene described her voting stations on three cryptocurrency bills examined by the congress.

While opposing the GeniusIt supported the anti-CBDC law on the surveillance state, which prohibits banks in the Federal Reserve to issue digital currencies from the Central Bank.

“This bill prohibits banks in the Federal Reserve to issue a digital currency from the Central Bank. It is a good bill and protect your money, but will die in the Senate,” said Greene. She noted that the management of the Senate indicated insufficient votes to adopt the ban on the CBDC.

Greene also supported the Clarity Act for its auto-customary protections, although it warned against the potential changes in the Senate.

“I will vote no when he returns if the protections of myself are withdrawn,” said Greene.

The member of the Congress connected the current developments of digital money to the 1971 decision to abandon the ordeal, which she described as “ridiculous” and blamed to have weakened the dollar.

Greene warned against the transition of physical money which can be “held in your hand, hide from the government and except for you and your family” to digital systems.

Critics question the priorities of the Trump administration

The former representative of the state Tim Cahill agreed With the concerns of Greene. He mentioned that such policies would be implemented under President Trump despite the rhetoric of the previous opposition.

Cahill has cited E-ZPASS toll systems as an example of how to adopt payments without species leads to an increase in surveillance and costs.

“It is more concerned with making any case possible, then doing the right deal,” wrote Cahill [sic].