🇺🇸 US crypto regulation just took another unexpected turn.
A bipartisan bill containing restrictions on a future US CBDC cleared Congress with overwhelming support.
✅ House: 358–32
✅ Senate: 85–5
Strong backing from both parties made it one of the rare crypto bills with broad political consensus.
But just before the signing ceremony, reports claimed the process was put on hold.
The reason?
The demand to pass the SAVE America Act first—a separate bill focused on requiring proof of citizenship for voting.
Now the situation has become more complicated.
The same leaders who have criticized CBDCs over privacy and financial freedom concerns are now linked to a delay in legislation that includes CBDC restrictions, due to an unrelated political dispute.
Meanwhile, time is running short.
Congress is approaching its summer recess, and other major crypto bills—including the CLARITY Act—could also face delays if the political deadlock continues.
📌 The bigger question isn't just about CBDCs anymore.
Will crypto policy move forward on its own merits, or will it become part of a broader political negotiation?
💬 What's your view? Is this a necessary political strategy, or is crypto getting caught in a larger power struggle?
Follow Crypto With Santosh for simplified crypto news and market updates. 🚀
#Crypto #CBDC #USCrypto #Bitcoin #BinanceSquare #CryptoRegulation #Trump #Write2Earn
A bipartisan bill containing restrictions on a future US CBDC cleared Congress with overwhelming support.
✅ House: 358–32
✅ Senate: 85–5
Strong backing from both parties made it one of the rare crypto bills with broad political consensus.
But just before the signing ceremony, reports claimed the process was put on hold.
The reason?
The demand to pass the SAVE America Act first—a separate bill focused on requiring proof of citizenship for voting.
Now the situation has become more complicated.
The same leaders who have criticized CBDCs over privacy and financial freedom concerns are now linked to a delay in legislation that includes CBDC restrictions, due to an unrelated political dispute.
Meanwhile, time is running short.
Congress is approaching its summer recess, and other major crypto bills—including the CLARITY Act—could also face delays if the political deadlock continues.
📌 The bigger question isn't just about CBDCs anymore.
Will crypto policy move forward on its own merits, or will it become part of a broader political negotiation?
💬 What's your view? Is this a necessary political strategy, or is crypto getting caught in a larger power struggle?
Follow Crypto With Santosh for simplified crypto news and market updates. 🚀
#Crypto #CBDC #USCrypto #Bitcoin #BinanceSquare #CryptoRegulation #Trump #Write2Earn