Fed Governor Notes Fading Crypto Euphoria; Chinese Exchanges Tighten Rules; Senators Query UAE Stake in WLFI

U.S. Senate passes landmark bill 84:6! Digital dollar faces significant resistance, CBDC issuance explicitly restricted

The U.S. Senate passed the "21st Century Housing Roadmap Act," which includes restrictions on central bank digital currencies, with 84 votes in favor and 6 against, demonstrating bipartisan consensus. The bill requires the Federal Reserve not to issue digital dollars until explicitly authorized by Congress and also focuses on housing supply and affordability in an effort to address the housing crisis. The passage of this bill could have a profound impact on future digital currency regulation.

Kazuo Ueda: Bank of Japan to conduct blockchain-based currency settlement trial

ChainCatcher News, Bank of Japan Governor Kazuo Ueda on Tuesday stated that the central bank will conduct experiments using blockchain technology to settle deposits held by financial institutions at the central bank. These experiments will be part of the Bank of Japan's "sandbox project," aimed at enabling the use of central bank digital currency for various settlement scenarios through blockchain technology. Analysts believe that introducing blockchain technology could enable 24/7 real-time settlement and reduce systemic congestion risks.

U.S. Senate Housing Bill Links Affordability Reforms With CBDC Restrictions

The U.S. Senate housing bill now includes a provision banning the Federal Reserve from issuing a retail CBDC until at least 2031, reflecting growing congressional interest in digital currency policy and potential impacts on financial technology strategies.

Arthur Hayes: The U.S. has fought Middle Eastern wars for 40 years, and every time they cut interest rates. Don't expect an exception this time either.

Author: Arthur Hayes Compiled by: Deep Tide TechFlow Introduction: The core argument of Hayes's article is simple: from the Gulf War in 1990 to the War on Terror in 2001, every U.S.-led Middle East war has been followed by the Federal Reserve cutting interest rates. He believes that the Iran war in 2026 will repeat this same historical logic, and that will be the time to increase Bitcoin holdings. The viewpoint is clear and logical; you don't have to agree after reading, but it's worth serious consideration. Full text below: (All opinions in this article are solely the author's personal views and do not constitute investment advice or recommendations to participate in investment transactions.) Under the instruction of Donald J. Trump, the U.S. President known for his preference for peace, the U.S. Department of Defense has jointly launched an offensive Agent AI weapon—a deadly, entirely new

U.S. 303-page Housing Bill Hidden CBDC Ban, White House Endorses

The "21st Century Housing Roadmap Act" proposed by the U.S. Senate includes a provision that bans the Federal Reserve from issuing Central Bank Digital Currencies (CBDC), with the ban remaining in effect until 2030. The bill aims to reduce housing costs and support the development of private stablecoins. The White House has expressed support for the bill, emphasizing that preventing CBDC development is a current policy priority. Bipartisan lawmakers have reached a consensus on this issue, making it a cooperative clause that can transcend party divisions.

CLARITY Act deadline passed in March; stablecoin yield controversy hinders legislation

The deadline for the White House's stablecoin legislation CLARITY has passed, but progress has stalled due to the crypto and banking industries failing to reach a consensus on stablecoin yields. The banking sector is concerned about outflows of customer funds and strongly opposes stablecoin reward arrangements. If legislation cannot be enacted in the future, it could trigger market uncertainty and impact the inflow of crypto funds.