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US CBDC Ban Takes Effect at Midnight via Bipartisan Housing Bill

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A temporary ban on a US government-issued digital dollar is set to take effect at midnight as part of a bipartisan housing bill. The legislation includes a provision limiting the development of a central bank digital currency (CBDC). President Donald Trump declined to sign the bill, but it is nonetheless proceeding into law. The CBDC restriction is among several provisions embedded within the broader housing legislation.

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