The US Senate just banned the creation of a Central Bank Digital Currency (CBDC) until least 2030. This is a win for the privacy and sovereignty of US citizens, at least for a few years. This CBDC ban was inserted into some housing bill that had nothing to do with crypto. What's also interesting is that crypto market structure has been going through the Senate Agriculture Committee because that’s where the CFTC sits. So crypto laws are literally being drafted in the same jurisdiction that handles corn and cow futures. The US government is so weird.
