Crypto mining and buying under threat from US Congress?
Many of the committee members warned that having such a central system could amplify the risk of bank runs with several major institutions already recoiling against the idea. A senior person at the R Street Institute, Alex Pollock, slammed the idea of CBDC at the hearing on Wednesday when he said it is “a terrible idea – one of the worst financial ideas of recent times.”
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This IVF bill is a perfectly reasonable compromise. So, of course, Congress won’t pass it.