Regulation
US crypto regulations oppose a non-compliant CBDC and stablecoins like Tether (USDT): JPMorgan
The state’s anti-surveillance Central Bank Digital Currency (CBDC) law is an attempt to block a US CBDC and prevents Federal Reserve banks from offering certain products to consumers and using a digital currency of central bank for monetary policy, the report adds. The House passed the bill prohibition the Federal Reserve to issue a CBDC last month, however, its prospects in the Senate are unclear.