{"id":191010,"date":"2026-03-12T20:30:48","date_gmt":"2026-03-12T18:30:48","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/us-senate-moves-to-ban-cbdc-protecting-financial-privacy\/"},"modified":"2026-03-12T20:30:48","modified_gmt":"2026-03-12T18:30:48","slug":"us-senate-moves-to-ban-cbdc-protecting-financial-privacy","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/us-senate-moves-to-ban-cbdc-protecting-financial-privacy\/","title":{"rendered":"US Senate Moves to Ban CBDC, Protecting Financial Privacy"},"content":{"rendered":"

The decision comes amid intensifying political debate regarding the state\u2019s role in digital money and the protection of financial privacy.<\/p>\n\n\n\n

According to the text of the bill, the Federal Reserve is prohibited from creating or issuing a central bank digital currency (CBDC), or any digital asset that essentially functions as such a currency. This restriction applies to both direct issuance by the central bank and indirect models involving financial intermediaries.<\/p>\n\n\n\n

Lawmakers supporting the measure argue it is necessary to prevent the creation of a system that could grant the government excessive control over citizens\u2019 financial transactions. Critics of CBDCs frequently warn that such a currency could enable payment surveillance and the restriction of access to funds.<\/p>\n\n\n\n

The Digital Dollar Debate<\/h2>\n\n\n\n

Many central banks worldwide view CBDCs as a potential evolution of the monetary system. Similar projects are already being developed or tested in various countries, including China and the European Union.<\/p>\n\n\n\n

In the United States, however, the topic has become a highly polarized political issue. Some legislators believe a digital dollar could threaten the banking system and create new risks to personal liberty.<\/p>\n\n\n\n

The bill also includes an exception for digital assets that are open, permissionless, and private, thereby leaving room for the development of cryptocurrencies and other decentralized technologies.<\/p>\n\n\n\n

New Rules for Prediction Markets<\/h2>\n\n\n\n

In parallel, the U.S. Commodity Futures Trading Commission (CFTC) has announced new guidelines for so-called prediction markets\u2014platforms that allow trading on contracts based on future events.<\/p>\n\n\n\n

The regulator stated that the new rules aim to make these markets more transparent and safe while encouraging innovation in the sector. In recent years, prediction platforms have gained popularity as they allow participants to bet on election outcomes, economic events, and even sports results.<\/p>\n\n\n\n

The CFTC emphasized that exchanges<\/a><\/strong> offering such contracts must comply with the requirements of the Commodity Exchange Act and the commission\u2019s regulations.<\/p>\n\n\n\n

What Investors Are Watching<\/h2>\n\n\n\n

Investors will be closely monitoring several key factors following the Senate\u2019s decision:<\/p>\n\n\n\n