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🚨 US Federal Reserve law bans CBDC! Crypto could be entering a policy spring?
—The US formally passes legislation prohibiting the Federal Reserve from issuing CBDC, bringing a positive outlook for decentralized currencies on July 11. The US officially approved the legislation banning the Fed from issuing a central bank digital currency (CBDC).
This is a major policy win for the crypto industry. Also:
• Circle receives approval for a national trust bank license
• The House will discuss a stablecoin regulatory bill next week
• Senate Democrats call for an investigation into the Trump family’s $1.4 billion crypto gains—regulatory sentiment is shifting.
👇 What does the US banning CBDC mean for the crypto industry?
•🅰️ Major positive! The government recognizes decentralized currencies—BTC is set to take off 🚀
•🅱️ Boost in short-term sentiment, but the real impact still needs observation long term 📊
•🅲️ It bans only CBDC, not a general endorsement of other cryptocurrencies 🤷
•🅳️ Not my business—I only care about price trends 📉
💬 The policy spring is here—are you starting to get optimistic? 🔥