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GOP hardliners vexed as defense bill advances without CBDC ban

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 86 Views

Conservatives in the Republican Party are frustrated that a promised ban on central bank digital currencies didn’t make it into a must-pass defense bill that’s now on its way to the Senate.

A group of Republicans has called foul after the US House passed a massive defense spending bill on Wednesday that omitted a ban on central bank digital currencies despite promises it would be included. 

“Conservatives were promised — explicitly — that strong anti-Central Bank Digital Currency (CBDC) language would be included in the National Defense Authorization Act (NDAA). That promise was broken,” GOP Representative Keith Self wrote to X on Wednesday.

The House voted 312-112 to pass the NDAA on Wednesday, sending the $900 billion annual military funding bill to the Senate in a bid to have it passed before the end of the year. 

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