The House slipped a provision banning the Federal Reserve from issuing a digital currency into an almost 1,300-page bill on defense policy.
The US House added a provision banning the Federal Reserve from issuing a central bank digital currency (CBDC) into an almost 1,300-page bill setting the country’s defense policy for the 2026 fiscal year.
A revision of HR 3838, the House’s version of a bill implementing the National Defense Authorization Act, was shared on Thursday by the House Rules Committee to include sweeping language banning the Federal Reserve from studying or creating digital currency.
The House passed a similar Republican-backed bill, the Anti-CBDC Surveillance State Act, in July with a slim vote of 219 - 210, which now has an uncertain future in the Senate.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments