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![MJTruthUltra Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1634986333721559041.png) MJTruthUltra [@MJTruthUltra](/creator/twitter/MJTruthUltra) on x 536.1K followers
Created: 2025-07-15 16:53:12 UTC

MTG on CBDC’s

This week, the House is voting on the GENIUS Act which lays the groundwork for a layered Central Bank Digital Currency (CBDC) where Americans interact with stablecoins but behind the scenes there are the functional surveillance capabilities of a CBDC.

The bill as written does not expressly ban a CBDC and does not protect self-custody. Self-custody means that you control your own money, not a third party.

On Jan 23rd, President Trump signed an executive order on digital financial technology with two important clauses:

X. People will maintain self-custody of digital assets.
X. Banning agencies from establishing a CBDC in the U.S. or abroad.

The GENIUS Act does not follow President Trump’s executive order because it does not ban a CBDC.

House Leadership did not allow any amendments banning a CBDC. This should NOT be tolerated.

![](https://pbs.twimg.com/media/Gv6dCYYWIAAFMtA.jpg)

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**Related Topics**
[genius act](/topic/genius-act)
[capabilities](/topic/capabilities)
[stablecoins](/topic/stablecoins)
[currency](/topic/currency)
[cbdc](/topic/cbdc)
[lays](/topic/lays)
[$alrm](/topic/$alrm)

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