US Senate Tucks CBDC Ban Into Housing Bill, Sets 2030 Deadline
The US Senate has moved to block the Federal Reserve from ever putting a government-issued digital dollar (CBDC) into Americans’ hands — at least for now. The ban is part of a sweeping housing affordability package and comes with an expiration date attached. Related Reading: Bitcoin Just Got A $200 Million Vote Of Confidence From […]
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Europe’s top central bank is watching stablecoins with growing caution. What began as a niche crypto tool is now large enough to draw attention in Frankfurt. Related Reading: US Senate Tucks CBDC Ban Into Housing Bill, Sets 2030 Deadline Based on reports, the European Central Bank has warned that wider use of privately issued digital […]
On Thursday, the US Senate voted decisively to ban the implementation of a Central Bank Digital Currency (CBDC), reflecting a growing bipartisan concern among lawmakers about protecting “financial freedom.” CBDC Measure In Housing Bill The Senate passed the bipartisan housing package known as the 21st Century ROAD to Housing Act. Within this bill, a specific […]
US Senator Ted Cruz is maintaining a firm campaign against a US central bank digital currency (CBDC). In the latest development, the junior senator representing Texas has pushed for a permanent CBDC ban in the 21st Century ROAD to Housing Act, to replace an initial short-term prohibition. Related Reading: US Watchdogs Submit Crypto, Prediction Markets […]
On Tuesday, the Senate achieved a significant milestone in cryptocurrency regulation by passing the GENIUS Act, a landmark bill that sets the first federal standards for stablecoins. The legislation, which secured a 68-30 vote, creates a regulated pathway for private companies to issue digital dollars under the federal government’s oversight. New Era For Stablecoin Regulation […]
The US Senate is preparing for a possible vote on the crypto market structure bill, which would outline clear rules for how the country should deal with digital assets. Related Reading: Strategy Stock Crashes 60% — But Michael Saylor Refuses To Step Aside Lawmakers say the measure could finally settle the long-running dispute over whether […]