Digital Dollar
5 STORIESNEWS42D
U.S. Digital Dollar Ban to Take Effect as Housing Bill Becomes LawA bipartisan U.S. housing-affordability bill is set to become law at midnight, bringing with it a temporary restriction on a Federal Reserve central bank digital currency. The provision blocks a U.S. digital dollar for four years, even as the central bank had not been moving toward issuing one.
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MetaMask Launches Money Account With Stablecoin Yield and SpendingMetaMask has introduced Money Account, a new wallet feature that lets users earn variable yield on stablecoins, spend funds with the MetaMask Card and trade from one place. The move underscores MetaMask’s effort to turn stablecoins into a more practical tool for saving and daily payments.
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Trump Cancels Housing Bill Signing, Delaying CBDC BanPresident Donald Trump has cancelled a planned signing event for Congress’ bipartisan housing bill, delaying a four-year ban on a Federal Reserve CBDC. The move also raises fresh uncertainty for the crypto industry’s push to secure passage of the Clarity Act in the Senate.
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Senate Housing Bill Carries Four-Year Ban on Fed CBDCThe U.S. Senate has passed a bipartisan housing affordability bill that includes a temporary ban on a central bank digital currency. The measure is expected to move quickly through the House and could become law soon.
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Ripple Launches $700M RLUSD Stablecoin in Africa for Payments and InsuranceRipple expands RLUSD stablecoin to African institutions, partnering with Chipper Cash, VALR, and Yellow Card. Mercy Corps pilots climate risk insurance using RLUSD, highlighting growing crypto adoption.