The US Congress reached an agreement on a housing bill that includes extending the ban on CBDCs until 2030.

CoinFeed reported on June 17th, citing Bloomberg, that U.S. congressional leaders announced an agreement on a comprehensive housing bill on Tuesday, ending months of deadlock between the House and Senate. The agreement includes restrictions on institutional investors purchasing single-family homes, eliminates a controversial clause requiring investors to dispose of post-construction rental properties within seven years, includes deregulation measures for banks, and extends the ban on the Federal Reserve developing a central bank digital currency (CBDC) until 2030. The Senate Majority Leader expects the Senate to pass the bill this week, and the House to send it to the president for signature next week.