Washington, May 23 (IANS) A top Republican Senator has reintroduced legislation that would ban American money services businesses from engaging in transactions involving China’s central bank digital currency.The proposed “Chinese CBDC Prohibition Act of 2026” would prohibit money services businesses, including payment platforms such as Venmo and Zelle, currency dealers and even the US Postal Service, from using any central bank digital currency issued by the People’s Republic of China or…
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