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⛓️ Crypto🔴 BearishImportance 7/10Actionable
Congress sneaks CBDC into housing bill, economist warns 80% of voters opposed
🤖AI Summary
Heritage Foundation economist Peter St. Onge warns that an 89-10 Senate housing bill quietly includes provisions for a temporary CBDC ban and affects the CLARITY Act's trajectory. The warning highlights that approximately 80% of voters oppose central bank digital currencies.
Key Takeaways
- →A Senate housing bill that passed 89-10 contains hidden CBDC-related provisions.
- →The bill includes a temporary ban on central bank digital currencies.
- →Economist Peter St. Onge's warning about the bill went viral on social media.
- →Approximately 80% of voters are opposed to CBDCs according to the warning.
- →The legislation also impacts the path forward for the CLARITY Act.
#cbdc#senate#housing-bill#clarity-act#regulation#peter-st-onge#central-bank#digital-currency#congress#voters
Read Original →via crypto.news
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