US Senate Bans Retail CBDC via New Housing Bill
5 Articles
5 Articles
Congress Just Approved a Bill That Could Put a US Digital Dollar on Ice Until 2030
Key highlights:A US CBDC ban is moving closer as the Senate approved the Housing Act. The bill is now sent to the White House.Trump is expected to sign the bill into law soon. As the United States is increasingly taking initiatives to foster the growth of the crypto industry, another major bill is nearing its final passage. The US Senate has reportedly approved the 21st Century ROAD to Housing Act. The housing bill is now sent to President Donal…
US Senate Passes Housing Bill With Four-Year Fed CBDC Ban
This article rightly concludes, “private crypto has a seat at the table, and the Fed’s version of a digital dollar does not.” As Technocrat-in-Chief, Trump has banded together with the billionaire arch-Technocrats who have taken control of Washington, in order to create a privatized financial system for America run by them. This private system far exceeds the Fed’s CBDC by including tokenization of real-world assets (RWA). Who proposed this amen…
Senate CBDC Ban Clears Path for Stablecoins
The Senate voted 85-5 to block a Fed CBDC through 2030. The ban covers direct and indirect issuance through intermediaries. Private stablecoins may gain more room to expand in U.S. markets. A digital dollar ban does more than pause one Fed project. Senate CBDC ban now shifts the digital money debate toward privacy, banks, and stablecoins. Who benefits first? The U.S. Senate has voted 85-5 to pass a housing package that includes a four, year ban …
US Senate Bans Retail CBDC via New Housing Bill
Key Takeaways The US Senate passed a four-year Fed CBDC ban inside a housing bill, 85-5. The ban runs through December 31, 2030, and covers a retail digital dollar. The Fed has no active CBDC project, making the move largely pre-emptive. The bill carves out private stablecoins, leaving them unaffected. It now goes to the House, where its path is not guaranteed. The prohibition rode through attached to the 21st Century ROAD to Housing Act, a spr…
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