🚨 JUST IN: United States Senate moves to block a Fed CBDC
The United States Senate has voted to include a ban on a Federal Reserve central bank digital currency (CBDC) in a bipartisan housing bill. $LINK
What the measure includes:
• 🏛️ A provision blocking the Federal Reserve from issuing a retail CBDC
• 🤝 The amendment passed as part of a bipartisan housing-related bill $BNB
• 🔐 Supporters argue it protects financial privacy and limits government surveillance
• 💻 Part of the broader debate over the future of digital dollars $NIGHT
If the provision becomes law, it could significantly limit the ability of the Federal Reserve to launch a U.S. CBDC, a move closely watched by the crypto industry and policymakers.