A provision banning the Federal Reserve from issuing a retail Central Bank Digital Currency (CBDC) has been reintroduced in the 21st Century ROAD to Housing Act. The act, released by the Banking GOP, prohibits the Fed from directly or indirectly issuing a retail CBDC to consumers through intermediaries. This provision, which was previously excluded from the National Defense Authorization Act, is set to expire in 2030.
CBDC Ban Reintroduced in 21st Century ROAD to Housing Act
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