In March, Senator Ted Cruz proposed an initiative to ban the development of the digital dollar in the United States. He introduced a bill to that effect for consideration by congressmen.
According to him, the Federal Reserve, with the help of digital currency (CBDC), will be able to increase control over the financial sector and the spending of citizens.
At the same time, Ted Cruz confirmed that he is a consistent supporter of bitcoin. He is attracted to the cryptocurrency by its decentralized nature.