I confess to not reading the text. It’s getting late.
Isn’t this a step toward favoring digital money?
First off, about 95% of transactions are digital already…so that ship sailed years ago.
Second, the concerns of the bitcoin community are that there should be common sense Know Your Customer and tax regulations. The SEC and IRS need some clarifications that allow for bitcoin owners to deal with their assets in a “standard” way.
Third, there was talk about using the seized bitcoins that the government owns and declaring they are part of the strategic reserves of the US. This would add to the balance sheet and give the US government “skin in the game.” It would be held next to Gold and other assets.
None of the stuff that they are talking about has anything to do with Central Bank Digital Currencies or any other crypto currencies.