The House Rules Committee could integrate the anti-CBDC bill into the final version of the crypto market reform package.The U.S. House of Representatives may have identified a more direct legislative path to prevent the Federal Reserve from issuing a central bank digital currency (CBDC), by using a crypto market structure bill already passed in July.During a House Rules Committee hearing held on September 15, a preliminary agenda revealed a proposal to incorporate the text of the Anti-CBDC Surveillance State Act—also passed by the House in July—into the Digital Asset Market Clarity Act.This approach would add the CBDC ban to the final version of the existing crypto market structure bill before sending it to the Senate for review.
pull down to refresh
related posts
10 sats \ 1 reply \ @anon 8h
Distraction since stable coins are the same thing right?
reply
0 sats \ 0 replies \ @0xbitcoiner OP 8h
It’s not the same thing. CBDCs are minted by central banks (aka government), stablecoins aren’t. Both suck!
reply
11 sats \ 0 replies \ @Cje95 9h
I would be surprised if they did this only because we put the same language in the must pass NDAA (National Defense Authorization Act) that passed and was sent to the Senate. Pulling a last second move like this would be an odd choice but with Rules... you never know
reply