House Sends Housing Bill with CBDC Ban to Trump

House Sends Housing Bill with CBDC Ban to Trump — Cointelegraph.com News
Source: Cointelegraph.com News

The House passed the 21st Century ROAD to Housing Act by a 358-32 vote after the Senate approved the bill 85-5, and it now heads to President Donald Trump, who has signaled support and is expected to sign it on Wednesday. “Today, Congress delivered a major win for families working toward the American Dream,” said Senate Banking Committee Chairman Tim Scott.

“I look forward to President Trump signing it into law.” The measure includes a ban on central bank digital currencies until 2030. It includes language that the Federal Reserve may not, directly or indirectly, "issue or create a central bank digital currency or any digital asset that is substantially similar to a central bank digital currency," a clause that expires on Dec.

31, 2030.

United States

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