#senate2 articles

2 articles

CryptoBearishDecrypt · 2h ago1

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Senate Advances Housing Bill With CBDC Ban, Draws White House Backing

The U.S. Senate has advanced a housing bill that includes a ban on Central Bank Digital Currencies (CBDCs), receiving strong bipartisan support and backing from the White House. The significant bipartisan vote suggests the legislation has momentum to pass additional procedural hurdles in Congress.

CryptoBearishCoinDesk · 3h ago1

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U.S. Senate housing bill includes CBDC ban

The U.S. Senate Banking Committee's bipartisan ROAD to Housing Act includes a provision that would ban the Federal Reserve from issuing a central bank digital currency (CBDC) before 2031. This represents a significant legislative move to restrict CBDC development in the United States for nearly a decade.