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COINDESK: BITCOIN, ETHEREUM, CRYPTO NEWS AND PRICE DATA · CRYPTO ·

U.S. Senate passes housing bill that carries four-year ban on a Fed CBDC

As reported by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
The idea of a U.S. central bank digital currency — though little more than a research topic at the Federal Reserve — may be getting formally blocked.
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The U.S. Senate has passed a housing bill that includes a four-year ban on a Federal Reserve Central Bank Digital Currency (CBDC). This development significantly curbs the potential for a U.S. CBDC, even though it was primarily a research topic. The legislative action indicates…

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Market Samachar is a news aggregator. This article was originally published by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data. Tap the button above to read the full story on their site.

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