By: André Jerusalem

  With the growth of the crypto asset market, especially cryptocurrencies, we see an increase in the interest of governments and entities in regulating these assets that currently do not have any type of regulation. 

  However, the great attraction of cryptocurrencies, which is precisely decentralization, is also their biggest problem. Since they have a… 

– Unlike cryptocurrencies like bitcoin, a Fed version would be issued and guaranteed by the US Federal Reserve, a government entity, just like dollar coins and bills. 

– Increase in the crypto asset market, especially cryptocurrencies. 

– Interest in regulating these currencies; 

– Decentralization of currency is good because of the “privacy” it generates and bad because it is something extremely volatile that has no regulation, see Bitcoin speculation by Elon Musk; 

-Government interest in creating its own digital currency, given the rise of “stablecoins”, currencies linked to some index; 

– Unlike cryptocurrencies like bitcoin, a Fed version would be issued and guaranteed by the US Federal Reserve, a government entity, just like dollar coins and bills. 

– Republican Senator Tom Emmer introduced a bill that would prohibit the Fed from issuing so-called central bank digital currency, or CBDC, directly to Americans; 

– According to the Republican congressman, a digital dollar should aim to protect financial privacy, maintain the dominance of the country's fiat currency and encourage innovation; 

– The justification for the senator’s bill is that the centralized digital currency leaves Americans’ financial information vulnerable to attack, in addition to being able to be used as “a surveillance tool that Americans should never be forced to tolerate from their own government.”