Congress reaches deal on housing bill with CBDC ban until 2030

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AI Fusion Summary

House and Senate leaders have reached a deal on a housing bill that includes a temporary ban on a central bank digital currency until 2030. This agreement reflects a strong bipartisan stance against government-issued digital currencies. The measure is expected to impact future financial innovation and global competitiveness within the United States, as the legislative bodies move forward with the implementation of this specific restriction on CBDC development for the next several years.
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