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Woofun AI reports that the U.S. Senate has approved a housing bill containing a provision that prohibits the Federal Reserve from issuing a central bank digital currency (CBDC) for a period of four years. This legislative action embeds significant regulatory constraints within broader housing policy, effectively halting any immediate progress toward a U.S. CBDC launch by the central bank.
The inclusion of this ban highlights growing congressional skepticism regarding digital dollar initiatives. By tethering the prohibition to a housing bill, lawmakers have ensured the restriction's passage, creating a substantial legal barrier that the Federal Reserve must navigate before considering future digital currency frameworks.