US Republicans Push to Add Permanent CBDC Ban to Housing Bill
Minseung Kang
Summary
- US Republican lawmakers are pushing to add a permanent CBDC ban to the 21st Century ROAD to Housing Act.
- The bill is scheduled for a vote in the US House of Representatives this week.
- Since President Donald Trump's return to office, Republicans have increasingly strengthened a digital-asset policy stance centered on private stablecoins.
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US Republican lawmakers are pushing to add a provision permanently barring the issuance of a central bank digital currency, or CBDC, to a housing bill.
A Cointelegraph post on X on May 19 said Republicans are seeking to include the ban in the 21st Century ROAD to Housing Act.
The bill is set to go to a vote in the US House of Representatives this week.
Republicans have consistently argued that a federal CBDC could expand financial surveillance and infringe on personal privacy.
Since President Donald Trump's return to office, the party has increasingly favored a digital-asset policy centered on private-sector stablecoins.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
