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New bill outlines when Fed might issue a digital dollar
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New bill outlines when Fed might issue a digital dollar
A bipartisan Senate bill addressing the U.S. housing shortage has outlined when the Federal Reserve could be permitted to roll out a central bank digital currency (CBDC). The 21st Century ROAD to Housing Act, released March 2, includes a provision temporarily barring the Fed from issuing a retail CBDC. The restriction expires at the end of 2030. The bill, introduced by Senate Banking Committee Chairman Tim Scott and Elizabeth Warren, advanced in…
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