The U.S. Senate has voted to include a provision banning the Federal Reserve from issuing a central bank digital currency (CBDC) as part of a bipartisan housing bill. This decision reflects growing concerns among lawmakers about the potential implications of a CBDC on financial privacy and the traditional banking system. The inclusion of this ban in the housing bill marks a significant legislative move against the development of a digital dollar by the Federal Reserve.
U.S. Senate Votes to Ban Federal Reserve CBDC in Housing Bill
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