US House Speaker: Ban on Federal Reserve Issuing Digital Currency Expected to Be Included in National Defense Authorization Act Later This Year

Odaily Planet Daily reported that U.S. Republican conservatives have ended their two-day blockade of cryptocurrency legislation, paving the way for the House of Representatives to vote on a series of Trump-backed measures. House Speaker Mike Johnson stated that after ensuring 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 move forward with the stablecoin bill. According to two people familiar with the matter who requested anonymity, Trump made a last-minute call to receive a briefing on the developments. One of the sources said, “Trump was very pleased with this.” (Politico)