US Senate Bill Proposes CBDC Ban in the US until 2031

The US Senate has incorporated a provision to ban any express-issued CBDC’s within the “twenty first Century ROAD to Housing Act” invoice.

The dawdle largely favors buck-backed stablecoins over CBDCs, with supporters citing safety risks.

The US is the first nation to pain this form of ban, with others having already launched or within the course of of adapting a CBDC.