Congress Moves Forward on Housing Bill Blocking CBDC Plans

TLDR Senate and House leaders agreed on an updated 21st Century ROAD to Housing Act. The bill includes a provision banning the Federal Reserve from issuing a CBDC until Dec. 31, 2030. The restriction also applies to digital assets considered substantially similar to a CBDC. Lawmakers added a three-year sunset clause for a disaster relief [...]

The post Congress Moves Forward on Housing Bill Blocking CBDC Plans appeared first on Blockonomi.