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US House Speaker: Ban on Fed Issuing Digital Currency to be Included in National Defense Authorization Act Later This Year

Summary: According to reports, conservative Republicans in the US have ended a two-day blockade of the cryptocurrency bill, paving the way for the House to vote on a series of Trump-backed measures. US House Speaker Mike Johnson stated that after ensuring the ban on the Fed issuing digital currency will be included in the National Defense ...

According to reports, conservative Republicans in the US have ended a two-day blockade of the cryptocurrency bill, paving the way for the House to vote on a series of Trump-backed measures. US House Speaker Mike Johnson stated that after ensuring the ban on the Fed issuing digital currency will be included in the National Defense Authorization Act later this year, the leadership convinced them to advance the stablecoin bill. According to two sources who spoke on condition of anonymity, Trump called in at the last minute to receive a briefing on the work, with one source stating, 'Trump is very satisfied with this.' (Politico)

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