House Speaker Mike Johnson has sent a housing bill to former President Donald Trump that includes a provision preventing the US Federal Reserve from issuing a central bank digital currency (CBDC) until 2030, according to CoinTelegraph. This move signals significant legislative pushback against the introduction of a digital dollar in the near term.
Meanwhile, HSBC strategists noted that the US Dollar index (DXY) has broken out of its previous ranges among G10 currencies. This surge follows a combination of a shift in Federal Reserve messaging and an interim peace agreement between the US and Iran, as reported by FX Street.
For Japanese investors and markets, these developments highlight the evolving US monetary policy landscape and geopolitical risks, factors that continue to influence currency volatility and investment flows in Asia.