US nears ban on CBDCs until 2030 as housing bill goes to Trump

CoinTelegraph·

US nears ban on CBDCs until 2030 as housing bill goes to Trump

60-second summary

The US House of Representatives has passed a housing bill containing a provision that effectively bans central bank digital currencies (CBDCs) until 2030, pending US President Donald Trump's signature. This bill now awaits Trump's approval, potentially impacting the development and adoption of CBDCs in the US market, at least in the short term.

The House passed a housing bill with a central bank digital currency ban until 2030, meaning it now just needs US President Donald Trump’s sign-off.