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06/17 08:21

US Congress Puts the Brakes on Fed’s Digital Dolla

US Congress Puts the Brakes on Fed’s Digital Dollar Plans: CBDC Issuance Ban Coming Until 2030! #HTX Creation Challenge — Post and Win 1,500U 💥 #World Cup Predictions: 100,000 USDT Daily #BTC Prophet: 20-Day 380 Million HTX Challenge
The US Congress has reached an agreement on a comprehensive legislative package covering housing and transportation infrastructure, but the legislation includes a significant provision closely related to the cryptocurrency and digital finance sector. The adopted regulation will prevent the US Federal Reserve (Fed) from issuing central bank digital currencies (CBDCs) until 2030. The legislative package, dubbed the “21st Century Housing and Roads Act,” focuses primarily on housing finance, infrastructure investments, and transportation projects. However, the inclusion of a CBDC provision in the bill marks a new phase in the long-running political debate surrounding the digital dollar.
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