US Senate passes housing supply bill featuring CBDC ban in 85-5 vote
The Block·
60-second summary
The US Senate is passing a housing supply bill with an 85-5 vote, featuring a provision that bans the issuance of a Central Bank Digital Currency (CBDC) or any similar digital asset until the end of 2030. This move is expected to impact the development of CBDCs in the US, potentially delaying their introduction.
The housing supply bill seeks to ban the issuance of a CBDC or any similar digital asset until the end of 2030.