Central Bank Digital Currencies (CBDC)

South Carolina Governor has signed a bill into law that bans state entities from accepting or requiring payments in Central Bank Digital Currencies (CBDC) and supports crypto mining. The legislation is seen as pro-crypto, indicating a favorable stance towards cryptocurrency. This move may have implications for the financial and technological sectors.

Republican lawmakers are calling for a permanent ban on Central Bank Digital Currencies (CBDC) as a House vote approaches. Tom Emmer, the House majority whip, is advocating for his Anti-CBDC Surveillance State Act. The act has passed the House but needs to pass the Senate.

Republican lawmakers are calling for a permanent ban on Central Bank Digital Currencies (CBDC) as a House vote approaches. The move is seen as a significant step in the ongoing debate over digital currencies. Lawmakers are set to vote on the issue soon.

President Donald Trump signed a 45-day extension for Section 702 of FISA after the Senate rejected a House-passed three-year renewal. The Senate approved the short-term extension by unanimous consent, while the House's version included a controversial CBDC ban that led to its Senate rejection. The 45-day extension will force Congress to restart the FISA renewal process.

President Donald Trump signed a 45-day extension for Section 702 of FISA after the Senate rejected the House's three-year renewal, which included a controversial ban on central bank digital currencies (CBDCs). The Senate approved the short-term extension by unanimous consent, with opposition from Democrats and over 20 Republicans despite the CBDC provision.

House Speaker Mike Johnson secured a procedural vote to extend Section 702 of FISA for three years after persuading GOP privacy hawks to support the measure. The vote included a Senate-passed budget for immigration enforcement and a CBDC ban, which placated conservative concerns. However, Senate Majority Leader John Thune warned that any FISA bill with CBDC language would face resistance.

House Speaker Mike Johnson secured a procedural vote to extend Section 702 of FISA for three years, overcoming GOP infighting by incorporating a CBDC ban to appease privacy hawks. The Senate has warned against including CBDC language, which could block the bill, while Republicans emphasized FISA's importance for national security.