🇺🇸 TODAY: The U.S. Senate Banking Committee’s 21st Century ROAD to Housing Act includes a provision that would prohibit the Federal Reserve from issuing a retail CBDC, with the restriction set to expire in 2030.
If passed, this would mark a significant legislative move limiting the Fed’s ability to launch a direct-to-consumer central bank digital currency.
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🇺🇸 TODAY: The U.S. Senate Banking Committee’s 21st Century ROAD to Housing Act includes a provision that would prohibit the Federal Reserve from issuing a retail CBDC, with the restriction set to expire in 2030.
If passed, this would mark a significant legislative move limiting the Fed’s ability to launch a direct-to-consumer central bank digital currency.