Digital ID, CBDCs risk turning US into ‘surveillance state': US Rep

Cointelegraph
2026.01.01 00:36
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US Representative Warren Davidson warns that the US is moving towards a heavily surveilled financial system due to recent crypto legislation, particularly the GENIUS Act, which he argues enables a central bank digital currency (CBDC) that could facilitate surveillance. Davidson emphasizes the need to reject this trend and return to the principles of permissionless money. He, along with Representative Marjorie Taylor Greene, expresses support for the CLARITY Act, which aims to protect self-custody but may have limited impact if the GENIUS Act remains in effect.