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The digital dollar again appeared during a Senate hearing. However, it wasn't the focus of the hearing but just another tool that can be used to maintain U.S. hegemony.
Top members of the Senate Banking Committee plan to introduce legislation that would direct the congressional watchdog to study virtual currency’s role in drug and human trafficking.
While not every lawmaker was on board with the idea of a central bank digital currency during a Senate Banking Committee hearing Tuesday, no one explicitly rejected it either.