Expressing opposition to the creation of a central bank digital currency.

SCR 8 is a Texas Senate Concurrent Resolution expressing the state legislature's opposition to the Federal Reserve's potential creation of a central bank digital currency (CBDC). The resolution cites concerns about privacy risks, cybersecurity vulnerabilities, and the potential for increased government surveillance of financial transactions that a CBDC could enable. It does not create new law or directly affect any individuals or entities, as it is solely a statement of legislative position. The resolution was passed by the Texas Senate and House and signed by the governor in June 2025.