US nears ban on CBDCs until 2030 as housing bill goes to Trump

The U.S. is moving closer to implementing a ban on central bank digital currencies (CBDCs) until at least 2030, coinciding with the housing bill being sent to former President Donald Trump for approval. This legislative effort reflects growing concerns over digital currencies' potential impact on financial stability and privacy. The proposed ban aims to provide lawmakers with more time to assess the implications of CBDCs on the economy and consumer protection. As discussions continue, the future of digital currency regulation remains a critical topic in the ongoing debate about the modernization of the financial system.