The United States MP, Marjorie Taylor Greene, said that the law on the stable engineer of engineering creates a “stolen door” so that the government effectively creates a digital currency of the central bank, veiled as private cryptographic tokens.
The legislator said that regulated stablecoins have “functional surveillance capacities”, which makes them indistinguishable from CBDC. In an article separated on social networks, she added:
“This bill regulates stablecoins and provides for the digital currency of the central bank.
The comments of the Greene representative echo a growing tide of individuals in Bitcoin and Crypto Sanitant communities the alarm on the regulated stables and the potential for these private tokens to be captured by the State.
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Bitcoin and Crypto communities express the same concerns
“The act of genius forces stablecoins in compliance and control of the CBDC; functionally identical to a CBDC, without the scary name,” wrote Justin Bechler, Bitcoin lawyer, in a post of July 19 x.
Saifdean Ammous, author of “The Bitcoin Standard”, argued that the US dollar, in any form whatsoever, is essentially a digital currency of the Central Bank which is already monitored by the State and more and more digital.
“Governments realize that if they control stablecoins, they control financial transactions,” said Jean Rausis, co-founder of the decentralized trading platform Smardex.
https://www.youtube.com/watch?v=vcahoiyow5k
The executive added that the possibility of freezing or hiking the transactions and stablescoins managed by the control makes them indistinguishable from a CBDC.
The Bill on Engineering was modified in March to include more strict provisions for money laundering, sanctions, sanctions and knowledge requirements of your customer, requiring financial monitoring and the ability to censor transactions.
In October 2024, the founder of Curve Finance, Dr. Michael Egorov, told Cintelelegraph that the centralized floors include the risk of regulatory capture, including the government’s seizure of the underlying FIAT assets held in bank accounts or childcare institutions supporting digital tokens.
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