GOP takes on Federal Reserve in battle over digital dollar

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GOP takes on Federal Reserve in battle over digital dollar
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Central bank digital currencies have become increasingly popular over the last three years. However, they are controversial among crypto enthusiasts and conservatives.

FOX Business' Charlie Gasparino explains how the SEC views digital coins on 'The Claman Countdown.'

Central bank digital currencies, more commonly referred to as CBDCs, have become increasingly popular over the last three years. As many as 130 countries, representing 98% of the global economy, are exploring digital versions of their currencies; 11 countries, including China, have fully implemented a CBDC.

House Majority Whip Tom Emmer, R-Minn., speaks at an event celebrating 100 days of House Republican rule at the Capitol Building April 17, 2023 in Washington, D.C.

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