BREAKING: ๐บ๐ธ CNBC JUST REPORTED THE FEDERAL RESERVE CBDC BAN IS NOW EXPECTED TO BECOME LAW NEXT WEEK
THE BAN WAS JUST INCLUDED IN THE FINAL TEXT OF THE FISA 702 BILL
THE DIGITAL DOLLAR IS DEAD IN AMERICA
HUGE WIN FOR #BITCOIN ๐ฅ
In my first public remarks as @CFTC Chairman, I made clear that the agency would use the tools at its disposal to onshore crypto asset perpetuals. Today, the @CFTC delivered on that commitment.
This morning, the @CFTC took historic action to permit the listing of a true bitcoin perpetual contract by a CFTC-registered exchange, charting a path for one of the most liquid segments of the crypto asset markets to exist within the US regulatory framework.
๐บ๐ธ NO CBDC! Sec Bessent reassured:
โThere will be NO Central Bank Digital Currency. That would be the first step toward tracking. We took that off the table.โ
Theyโre pushing stablecoin legislation and the Clarity Act instead to bring crypto onshore.
https://t.co/9aDLHtr28c