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The CLARITY Act: Congress Says It's NOT a CBDC... So Why Are Experts Warning It Could Build One Anyway?
Congress just passed one of the most significant pieces of digital asset legislation in American history—but almost nobody is asking the right question.
In this episode of On The Record, Christian Briggs takes a deep dive into the CLARITY Act and separates political rhetoric from what the legislation actually says. Contrary to many claims circulating online, the House-passed version of the bill does not authorize a U.S. Central Bank Digital Currency (CBDC). In fact, it contains provisions intended to make a retail Federal Reserve CBDC more difficult without additional congressional approval…
The skinny
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