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The United States has officially banned the issuance of the Central Bank Digital Currency (CBDC) until December 31, 2030.
The U.S. Senate overwhelmingly passed the 21st Century ROAD to Housing Act with a vote of 85-5, which includes a strict provision preventing the Fed from issuing or developing any central digital currency directly or through intermediaries.
This is a huge win for privacy and financial freedom, and it's seen as a strong boost for decentralized cryptocurrencies like Bitcoin, Ethereum, and private stablecoins. #CBDC #Bitcoin #Crypto #Binance #DigitalDollar
The US Congress officially approves a ban on the issuance of a central bank digital currency (CBDC) by the Federal Reserve until December 31, 2030.
This major win protects financial freedom and keeps the specter of total government surveillance at bay. Free cryptocurrencies (like Bitcoin and private stablecoins) are gaining new momentum.