digital currency bill 2020


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  • What is the digital currency Act?

    The legislation protects innovation and any future development of digital cash.
    Whip Emmer first introduced the leading Republican bill to address central bank digital currencies in January of 2022.

  • What is the US digital currency?

    A digital dollar would be a form of legal tender in the U.S. that could be used to purchase goods and services, and settle all and any outstanding debts.
    But it would exist in virtual form only, stored and exchanged online via computer networks, never taking the physical form of paper banknotes.

  • Yes, it is legal to use, buy and possess cryptocurrency in the US.

  • What is the cryptocurrency Act of 2020?

    Introduced in House (03/09/202.
    0) This bill establishes agency oversight of certain digital assets and requires these agencies to publish (1) the exchanges trading these assets, and (2) the requirements to create or trade these assets.

  • This bill establishes agency oversight of certain digital assets and requires these agencies to publish (1) the exchanges trading these assets, and (2) the  Autres questions
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