The U.S. House of Representatives recently passed the annual National Defense Authorization Act (NDAA) with an overwhelming majority of 312 votes in favor and 112 votes against. The bill has since been formally submitted to the Senate for review.

However, this defense bill, totaling hundreds of billions of dollars, did not include the previously promised ban on Central Bank Digital Currencies (CBDC) by the Republican Party, which directly triggered strong dissatisfaction among conservative members within the party, exacerbating the internal divisions.

Looking back to July of this year, in order to secure the support of hardliners within the party for the bill, House Republican leaders reached a clear agreement with the conservative camp, promising to incorporate the CBDC ban into the NDAA text. According to the content of earlier proposals, this ban would fully restrict the digital currency-related powers of the U.S. Federal Reserve, including prohibiting the Fed from conducting any form of CBDC testing, technical research, system development, and formal issuance, while explicitly banning the Fed from providing digital currency-related financial products and services directly to individuals, aimed at preventing risks such as financial privacy breaches and currency sovereignty dilution that may arise from central bank digital currencies.

The "absence" of this ban has left many conservative lawmakers feeling "betrayed." Several hardline lawmakers publicly criticized the party leadership for breaking their promise, arguing that the advancement of CBDC could erode the financial freedoms of American citizens, and called for the Senate to reintroduce the relevant ban during the review phase. However, those supporting the retention of CBDC research space argue that a total ban is overly radical and could cause the U.S. to miss opportunities in global digital currency competition, advocating for a regulatory approach rather than a complete prohibition to address related challenges.

Currently, the bill has been handed over to the Senate for the review process, and whether the CBDC ban will be reinstated has become a focal point of interest. The Senate's voting results will not only affect the final implementation of U.S. defense policy but will also influence the strategic direction of the U.S. in the field of central bank digital currencies, with ongoing negotiations to continue. #加密市场反弹 $BTC$ETH