CryptoCongressman Keith Self Moves To Block US CBDC Via...

Congressman Keith Self Moves To Block US CBDC Via Defense Bill Amendment

-


Rep. Keith Self, a Republican from Texas, filed a last-minute amendment to the Must-Pass $900 billion US Defence Bill that would ban the Federal Reserve from creating or piloting a US central bank digital currency (CBDC). On 9 December 2025, the Republican took to X to say, “Promises were broken to include this language in the National Defense Authorization Act (NDAA). My amendment would fix the bill.”

Self’s “Anti-CBDC Surveillance State” proposal would bar the Fed from testing, developing or launching any CBDC. He submitted an amendment to add a full ban on CBDCs to the 2026 NDAA. He argued that the earlier leadership promises to include similar language were broken in the final compromise text.

“The House Rules Committee meets later TODAY  to decide if it gets a floor vote,” he added. “I hope they do the right thing.”

Notably, during the 2024 campaign, US President Donald Trump called CBDCs a “dangerous threat to freedom” and pledged never to allow a Fed-run digital dollar, once back in office.

DISCOVER: Top 20 Crypto to Buy in 2025

Self’s “Anti-CBDC Surveillance State” Proposal Would Prevent Fed-Issued Digital Dollar

In 2025, trump singed an executive order intrusting federal agencies not to develop or promote a US CBDC. But since executive orders can be reversed by future administrations, Republican party lawmakers are pushing to lock an anti-CBDC stance through amendments to the NDAA. 

“Conservatives were promised that language banning a CBDC would be included in the must-pass NDAA,” said Self. “Unconscionably, it wasn’t included. Leadership needs to fix this bill IMMEDIATELY.”

Republicans also argue that a CBDC would hand the federal government a “surveillance tool” similar to systems in China. They fear real-time tracking and potential blocking of transactions based on political or social behaviour.

Some are even threatening to withdraw support from the defense bill itself unless leadership allows a floor vote on Self’s amendment.

DISCOVER: 16+ New and Upcoming Binance Listings in 2025

CLARITY Act, Anti-CBDC Surveillance State Act Cleared House Floor In July 2025, But They Are Not Laws Yet!

While Anti-CBDC bill aims to permanently block any form of a US central bank digital currency, citing surveillance concerns, the CLARITY Act carries huge weight in the crypto world. The CLARITY Act aims to end the chaos over which agency SEC or the CFTC, calls the shots on crypto. It also includes consumer protections and hints at tailored rules for DeFi and stablecoins.

DISCOVER: US Crypto Week Delivers Landmark Regulatory Shift With GENIUS, CLARITY, and Anti-CBDC Acts

Key Takeaways

  • Rep Keith Self’s move plugs directly into a broader Republican offensive against CBDCs. 

  • In the US, the Federal Reserve has conducted early‑stage research and pilots around wholesale and retail digital dollars but has repeatedly said it would not move forward without clear authorization from Congress and the executive branch. 

 

 

The post Congressman Keith Self Moves To Block US CBDC Via Defense Bill Amendment appeared first on 99Bitcoins.





Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Crypto Market News Today, December 13: Why Is Crypto Down Just as the US Market Opens? Manipulation?

As market news today continues to puzzle investors, the very same question dominates every social media. Why is...

Ether whale narrowly avoids liquidation of $117M position

Ether holders watched Maker with fear this weekend, worrying about large liquidations, but minutes before disaster, liquidation was...

Google and Apple roll out emergency security updates after zero-day attacks

Apple and Google have released several software updates to protect against a hacking campaign targeting an unknown number...

Advertisement

MicroStrategy bought 2.6% of circulating bitcoin at $67,458 apiece

MicroStrategy and its founder have amassed over 2.7% of all circulating bitcoin. They are up billions on the...

WhatsApp Reinvents Voicemail as It Adds AI Image Tools and Emoji Reactions

The company is rolling out voicemail-style voice and video messages, emoji reactions in voice chats, and new AI...

Must read

Crypto Market News Today, December 13: Why Is Crypto Down Just as the US Market Opens? Manipulation?

As market news today continues to puzzle investors,...

Ether whale narrowly avoids liquidation of $117M position

Ether holders watched Maker with fear this weekend,...

You might also likeRELATED
Recommended to you