U.S. House Speaker: Ban on Federal Reserve Issuance of Digital Currency Expected to Be Included in National Defense Authorization Act Later This Year

The conservative wing of the Republican Party in the United States has ended its two-day blockade of cryptocurrency bills, paving the way for the House of Representatives to vote on a series of measures supported by Trump. U.S. House Speaker Mike Johnson said that after guaranteeing that a ban on the Federal Reserve issuing digital currency would be added to the National Defense Authorization Act later this year, the leadership convinced them to advance the stablecoin bill. According to two unnamed sources familiar with the matter, Trump made a last-minute call to hear a briefing on the relevant work. One of the sources said, "Trump is very satisfied with this." (Politico) [Odaily Planet Daily News]