U.S. government digital dollar set to be banned tonight under housing law's CBDC limit
CoinDesk·
60-second summary
The U.S. government's digital dollar is set to be banned tonight under the housing law's CBDC limit, which comes into effect at midnight. The law was passed despite President Donald Trump's refusal to sign it, and its temporary ban on central bank digital currencies will be implemented. This move will likely impact the development of the U.S.
Despite President Donald Trump's refusal to sign Congress' bipartisan housing bill, it's set to go into effect at midnight, and its temporary CBDC ban along with it.