Trump cancels signing of housing bill with CBDC ban
CoinTelegraph·
60-second summary
The 21st Century ROAD to Housing Act is being canceled after Trump's decision. The bill included a provision banning the US Federal Reserve from issuing or creating a central bank digital currency (CBDC) until 2030, with stablecoins exempted. This cancellation removes a significant hurdle for CBDC development, potentially paving the way for its introduction in the US market.
The 21st Century ROAD to Housing Act included a provision that the US Federal Reserve was barred from issuing or creating a CBDC until 2030, but exempted certain stablecoins.