U.S. Federal Reserve central bank digital currency ban advances amid tensions between GOP and Democrats

House Republicans are working on merging their Federal Reserve CBDC ban proposal with the bipartisan CLARITY Act. The standalone CBDC ban and CLARITY Act previously passed, indicating shifting power dynamics in U.S. Crypto legislation.

Disparities in priorities on digital asset regulation between Republicans and Democrats continue to emerge, especially regarding former President Trump’s crypto ventures. House leaders aim for bipartisan support to advance these key reforms.

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