Congress sends anti-CBDC housing bill to Trump’s desk for final approval
AI Summary
Congress has approved a bill aimed at enhancing housing affordability in the U.S., which also bans central bank digital currencies (CBDC) until 2030. This move reflects a cautious stance on CBDCs, possibly due to concerns about their potential impact on financial stability and privacy. The final approval from President Trump is now needed, and this bill underscores the ongoing debate about the role and regulation of digital currencies in the nation's financial system.
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