US Congressional Deal Includes Digital Dollar Ban Until 2030
A bicameral agreement has been reached on the 21st Century ROAD to Housing Act. This deal incorporates a specific provision that prevents the Federal Reserve from issuing a digital dollar until 2030. The legislative development impacts the potential for a U.S. central bank digital currency for the remainder of the decade.
A bicameral deal has been finalized regarding the 21st Century ROAD to Housing Act. This agreement features the reintroduction of a provision that prohibits the Federal Reserve from issuing a digital dollar.
The legislative measure specifies that the ban on a central bank digital currency (CBDC) will remain in effect until the year 2030.
According to Decrypt Crypto, this development means the United States will not see a federal digital currency issued by the Fed for several years.
