central bank digital currencies
Coverage of central bank digital currencies in the Nexus archive.
- Senate, House reach agreement on housing bill banning CBDC through 2030
US Senate and House leaders have jointly released an updated housing bill that includes a ban on central bank digital currencies (CBDCs) through 2030. The legislation combines housing-related provisions with the CBDC restriction.
- Congress keeps kicking surveillance reform down the road
Congress has reauthorized Section 702 of the Foreign Intelligence Surveillance Act for 45 days to allow further negotiations on reforms. The House passed the extension with minor changes, excluding a warrant requirement but adding a provision to prohibit the Federal Reserve from issuing Central Bank Digital Currencies.
- Senate rejects House's FISA bill, pitches 45-day extension ahead of looming deadline
The Senate rejected the House's three-year extension of Section 702 of the Foreign Intelligence Surveillance Act (FISA) and instead proposed a 45-day temporary extension to allow further reform discussions. The House had included a ban on central bank digital currencies in its proposal, which the Senate deemed unrelated and nonviable.
- Senate rejects House's FISA bill, pitches 45-day extension ahead of looming deadline
The Senate rejected the House's three-year reauthorization of Section 702 of FISA and instead proposed a 45-day extension to allow further reforms. The House had included a ban on central bank digital currencies in its bill, which the Senate deemed unrelated and problematic due to its prior inclusion in a housing affordability package.
- Bank of Korea governor backs CBDCs, deposit tokens in first address
Bank of Korea governor Shin Hyun-song expressed support for central bank digital currencies (CBDCs) and deposit tokens in his inaugural address. Stablecoins were not mentioned in his remarks.