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News Explorer — Senate Housing Package Avdances With Ban on Federal CBDC

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Mar 3, 12:43 am
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Senate Housing Package Avdances With Ban on Federal CBDC

House conservatives successfully pushed to include a ban on a central bank digital currency (CBDC) in a housing package, rather than as standalone crypto legislation. The White House formally supported the bill after the Senate vote, with Fed officials emphasizing the need for congressional approval on a U.S. CBDC.

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