Congress sends anti-CBDC housing bill to Trump’s desk for final approval
The Block·
60-second summary
Congress sends anti-CBDC housing bill to Trump's desk for final approval, containing a provision that bans CBDC until December 31, 2030. This move aims to boost housing affordability in America, with the bill's total cost estimated at $430 billion. The ban on CBDCs could potentially hinder widespread adoption, impacting the crypto market's growth trajectory.
The bill, which seeks to boost housing affordability in America, also includes language banning CBDC until Dec. 31, 2030.