A housing bill that includes a ban on the creation of a U.S. central bank digital currency (CBDC) has officially become law. The legislation passed without the signature of President Donald Trump, according to reports from The Block and Cointelegraph.
The inclusion of the CBDC ban marks a notable development in the ongoing discussion surrounding digital currencies and their potential regulation within the United States. The bill's passage without presidential signature indicates a specific legislative path for this measure.
The legislative path for a CBDC ban has now been established through a housing bill.
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In wider crypto markets, Bitcoin is trading at $64,195.9, reflecting a -0.01% change over the past 24 hours, with a 24-hour volume of $19.24B. Ethereum is priced at $1,800.1, showing a +0.94% increase in the last 24 hours on a volume of $6.61B.
Key takeaways
- Housing bill with CBDC ban passed into law
- Law enacted without President Trump's signature
- CBDC ban now part of U.S. federal law
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