US Senate passes housing bill with CBDC ban until 2030
CoinTelegraph·
60-second summary
The US Senate passes a housing bill with an 85-5 vote, including a provision that bans the Federal Reserve from creating a central bank digital currency until 2030. This CBDC ban reflects lawmakers' concerns about the potential impact on traditional banking and financial systems, with implications for the future of digital currencies in the US.
The Senate voted 85-5 to pass a major housing affordability bill that includes a ban on the Federal Reserve making a central bank digital currency until 2030.