US Lawmakers Push Permanent CBDC Ban in Housing Bill Debate
Cointelegraph
Republican lawmakers are seeking to include a permanent ban on a US central bank digital currency within upcoming housing legislation.Summary
Republican lawmakers in the US House are pushing to replace a temporary 2030 sunset clause on central bank digital currency (CBDC) development with a permanent ban within the 21st Century ROAD to Housing Act. Proponents, such as Congressman Mike Flood and Warren Davidson, argue that the current Senate version of the bill leaves the door open for government surveillance and control, likening it to a "Trojan Horse." While the bill moves to a vote, other legislators like Tom Emmer continue to advocate for separate measures, such as the Anti-CBDC Surveillance State Act, to protect economic freedom and privacy from potential government overreach.
(Source：Cointelegraph)