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US Senate Votes To Include CBDC Ban In Bipartisan Housing Bill
US Senate Votes To Include CBDC Ban In Bipartisan Housing Bill
Authored by Vince Quill via CoinTelegraph.com,
The United States Senate voted on Thursday to include an amendment in the 21st Century Road to Housing Act that would prohibit the Federal Reserve from issuing a central bank digital currency (CBDC).
The CBDC prohibition will remain in effect until Dec. 31, 2030, according to the amendment in the bill. The legislation, which passed 89-10, stated:
“The Board of Governors of the Federal Reserve System or a Federal Reserve Bank may not issue or create a central...
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