🚹 BREAKING: đŸ‡ș🇾 Congress Moves to Block Fed CBDC Until 2030
The U.S. Senate approved legislation that would prevent the Federal Reserve from issuing a retail CBDC through December 31, 2030. The measure passed with strong bipartisan support and includes language protecting private dollar-backed digital assets. The bill has also advanced in the House and is expected to head to President Trump's desk. ïżœ
Tech Times +1
📊 Why it matters:
đŸš« No U.S. retail CBDC until at least 2030
đŸ’” Private stablecoins receive added regulatory support
🏩 Major win for the crypto industry
⚡ Could strengthen the digital dollar ecosystem outside the Fed
đŸ”„ Market Impact:
Many crypto investors see this as a positive development for stablecoins and blockchain-based payments, while the debate over a future digital dollar remains on hold for several years. ïżœ
Bitcoin Foundation +1
👀 Big question:
Will this accelerate adoption of private stablecoins and crypto payment networks?
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#Crypto #CBD #Stablecoins #Blockchain 🚀