"Ten banks working with an organization that is part of the Federal Reserve Bank of New York recently participated in a test for 12 weeks of an interoperable digital money platform that operates exclusively in U.S. dollar," a bill analysis stated.
The lawsuit, filed on behalf of Health Freedom Louisiana co-director Jill Hines and The Gateway Pundit news site founder Jim Hoft, reads, "This case challenges probably the largest mass-surveillance and mass-censorship program in American history."
The European Central Bank is in the final stage of investigating the digital euro project, which aims to create a digital currency accessible to all citizens of the euro area.