Pro-Crypto Advocates Seek to Avoid Central Bank Authority
A central bank digital currency system would be an infringement of civil liberties, panelists said.

A central bank digital currency system would be an infringement of civil liberties, panelists said.
MILWAUKEE, July 19, 2024 – Cryptocurrency experts urged the federal government to adopt pro-crypto policies and to particularly avoid regulation that institutes a central bank digital currency, speaking at a Broadband Breakfast Live Online event Wednesday during the Republican National Convention.
While Sarah Oh Lam, senior fellow at the Technology Policy Institute, highlighted some examples of excessed by some cryptocurrency company, she said she believed that decentralized financial tools need to be embraced by policy-makers, rather than banned or curbed.
A bipartisan group of 115 legislators from 28 states urged caution as the Trump administration mulls rule changes.
The city promises options ranging from symmetrical 300 megabits per second to symmetrical 1 gigabit per second.
BEAD should use all technologies, but not all technologies are equal.
FCC Chairman Brendan Carr opposed moving forward with the $9 billion fund as a commissioner.