US President mentioned this tends to play out underneath authoritarian regimes; however, Western nations like Canada have adopted this method. Kennedy cited examples of how the Canadian authorities froze the financial institution accounts of over 200 people due to their protests opposing the vaccine mandate.
Rising anti-CBDC stand
In the meantime, a rising record of U.S. politicians has taken a stand in opposition to CBDCs, citing the chance of monetary censorship. Several U.S. states, like Florida, North Dakota, and North Carolina, have launched payments to ban the nationwide digital forex.
