What's your philosophy on that and what safeguards is the treasury and its administration putting in place to make sure new digital payment systems protect Americans privacy and freedoms in the future? Well, so This administration has been very clear. There will be no central bank digital currency. which I think is, would be the first step toward tracking. So we have taken that off the table. We passed that stablecoin legislation would bipartisan and the Clarity act is now up on the Hill. (10:19–10:24)
CLAIM
Asserts that the administration has decided against implementing a central bank digital currency.
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