U.S. Housing Bill to Ban CBDC Issuance by Central Banks Until End of 2030

On June 16, Senator Tim Scott, Chair of the Senate Banking Committee, Senator Elizabeth Warren, the committee's ranking member, Representative French Hill, Chair of the House Financial Services Committee, and Representative Maxine Waters, the committee's ranking member, jointly released the updated text of the '21st Century ROAD Housing Bill.' This bill is a comprehensive housing-related legislation aimed at expanding housing supply and controlling prices, significantly impacting institutional investors in the housing market...