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U.S. President Donald Trump is reportedly withholding his signature from a sweeping housing bill that would bar the Federal Reserve from issuing a central bank digital currency (CBDC) through 2030, tying the measure to a separate voter-eligibility law that the Senate has already rejected. A Bipartisan Ban Caught in a Standoff The 21st Century ROAD … Read more
The 21st Century ROAD to Housing Act included a provision that the US Federal Reserve was barred from issuing or creating a CBDC until 2030, but exempted certain stablecoins. Go to Source
The U.S. House of Representatives has approved the 21st Century ROAD to Housing Act, sending legislation that bars the Federal Reserve from issuing a central bank digital currency (CBDC) through 2030 to President Donald Trump for his signature. A Four-Year Ban Tucked Into a Housing Bill The House gave final approval to the sweeping housing … Read more
The House passed a housing bill with a central bank digital currency ban until 2030, meaning it now just needs US President Donald Trump’s sign-off. Go to Source
EU lawmakers backed rules for an offline and online digital euro, with privacy safeguards, holding limits and no interest payments. Go to Source
The U.S. Senate passed the 21st Century ROAD to Housing Act late Monday in an 85-5 vote, attaching a four-year ban on a Federal Reserve central bank digital currency (CBDC) to the sweeping housing package. The bill now moves to the House, where lawmakers could vote within days. A Four-Year Prohibition Senators voted 85-5 on … Read more
The US could soon temporarily ban a central bank digital currency, as House and Senate leaders came to a deal on a housing bill inclusive of a ban. Go to Source
The South African Reserve Bank has decided to pause the immediate implementation of a digital rand despite successfully testing its technical feasibility. Digital Rand Trials Reveal Privacy and Speed Tradeoffs The South African Reserve Bank (SARB) has no compelling need to immediately launch a digital version of its currency, a top official said, citing significant … Read more
Alla Bakina, Director of the Bank of Russia’s National Payment System Department, highlighted that most private banks in Russia are ready to provide digital ruble services on September 1. The currency will integrate with the existing universal QR code payment system. Central Bank of Russia: Russian Banks Ready For Digital Ruble Launch While stablecoins have … Read more
South Carolina Gov. Henry McMaster signed S.163 into law this week, enacting one of the most wide-ranging state-level crypto protection bills in the country. South Carolina Lawmakers Back Crypto Bill 110-1, McMaster Signs It Into Law The legislation, formally designated R131 and adding Chapter 47 to Title 34 of the South Carolina Code of Laws, … Read more