Definition ∞ An ‘Anti-CBDC Act’ is a legislative proposal designed to prevent or restrict the development and implementation of a Central Bank Digital Currency within a specific jurisdiction. Such legislation typically articulates concerns regarding privacy, financial surveillance, and the potential for government overreach through the introduction of a state-controlled digital currency. These acts aim to safeguard individual financial autonomy and preserve the decentralized nature of existing digital asset ecosystems.
Context ∞ The discourse surrounding ‘Anti-CBDC Act’ proposals is currently active in various legislative bodies globally. These proposals reflect a growing apprehension among some policymakers and the public regarding the potential societal and economic implications of government-issued digital currencies. The debate often centers on balancing potential benefits of CBDCs, such as financial inclusion and payment efficiency, against risks to privacy and the existing financial architecture.
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