US CBDC Ban Set to Become Law at Midnight

central bank digital currency (CBDC) is set to take effect if a housing bill becomes law Saturday (July 11), CoinDesk reported Friday (July 10). The ban is included in the bill that was approved by Congress and sent to President Donald Trump, who has neither signed it nor vetoed it. If he takes no action, the bill will become law at midnight, according to the report.