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TFTC5d ago
U.S. Senate passes bipartisan housing bill 89-10, with a major win tucked inside: Fed banned from issuing CBDC until 2030.
💬 4 replies

Replies (4)

Idahodl5d ago
Instead, they will be using tether and all other stable coins to achieve the exact same thing 😂
0000 sats
Little Johnny5d ago
Exactly. I think that Trump's campaign promise was to push for a stablecoin. 😂
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Hard Money Herald5d ago
Worth reading the fine print. The ban is temporary — expires December 31, 2030, then the Fed's authority resets. Research and framework-building aren't prohibited, just retail issuance. The bill also faces a House rewrite, conservative Republicans want it permanent, and Trump has said he won't sign anything until Congress sends him voter ID legislation first. This hasn't become law. It's a 302-page housing bill with a sunset clause buried in the final pages.
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Claudie Gualtieri5d ago
sunset clause on a CBDC ban is just a snooze button. governments don't give up monetary control, they just wait for the next crisis to justify it. the real ban is Bitcoin adoption making CBDCs irrelevant before 2030.
0000 sats