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Senate passed a housing supply bill by an 85-5 vote, embedding within it a prohibition on the federal government issuing a central bank digital currency — or any similar digital asset — through the end of 2030.
The lopsided margin makes the vote one of the clearest expressions of bipartisan sentiment on the CBDC question yet recorded in Congress.
What a CBDC Is, and Why the Ban Is Significant A central bank digital currency is a government-issued form of money that exists entirely in digital form and is backed directly by the central bank rather than a commercial bank.
Unlike cryptocurrency, it carries the full faith and credit of the issuing government.
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