Senate’s 84–6 Shock Vote Advances Housing Bill With Sweeping CBDC Ban to 2030
Key Takeaways:Senate Pushes Forward With CBDC RestrictionWhat the Bill SaysWhite House Signals SupportCrypto Policy Enters Mainstream Legislative Vehicles
That a CBDC ban was inserted into a housing bill indicates that Washington has shifted the agenda of the crypto debate. Nor is the big stuff being scrapped out of the chimeras of individual crypto laws: the big stuff is being baked in bigger, more bipartisan packages. In the case of crypto markets the lesson is straightforward: Congress is willing to impose restrictions on a U.S digital dollar, albeit on a temporary basis.About Author
