U.S. Rep. Stephen Lynch, D-Mass., introduced the Electronic Currency and Secure Hardware Act. The ECASH Act would establish a pilot program within the U.S. Treasury Department to test and develop an electronic U.S. dollar. Hardware “authorized” to hold or “facilitate transactions involving e-cash" would be “secured locally via cryptographic encryption” and would not be subject to "surveillance, personal identification or transactional data-gathering.” The pilot would be overseen by a Monetary Privacy Board. The bill is cosponsored by Reps. Jesús García, D-IL., Rashida Tlaib, D-Mich., Ayanna Pressley, D-Mass., and Alma Adams, D-NC.
Full Story
"electronic" - Google News
March 30, 2022 at 11:56PM
https://ift.tt/otKXr0u
US lawmakers introduce ECASH Act to develop electronic dollar - International Association of Privacy Professionals
"electronic" - Google News
https://ift.tt/nK13bVU
https://ift.tt/sYTv5ZF
Bagikan Berita Ini
0 Response to "US lawmakers introduce ECASH Act to develop electronic dollar - International Association of Privacy Professionals"
Post a Comment