Both chambers of Congress passed legislation that would prohibit the Federal Reserve from issuing a central bank digital currency through December 31, 2030.
According to NS3.AI, the Senate approved the bill by an 85-5 vote one day before the House passed it Tuesday.
The restriction applies only to the Federal Reserve and Federal Reserve banks.
Trump is expected to sign the legislation.
Congress Passes Bill to Bar Federal Reserve CBDC Issuance Through December 31, 2030
2026-06-24 06:01:39
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