CBDC Fight Escalates As US Lawmakers Call For Permanent Ban

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A standalone bill that went nowhere in the Senate is now at the center of a congressional fight over how far the government should go to block a digital dollar — and a group of 29 lawmakers wants the answer to be: all the way. A Housing Bill Quietly Stirs A Currency Debate The friction started with an unlikely source. Senate lawmakers this week released the “21st Century ROAD to Housing Act,” a 300-page piece of legislation focused on housing policy. Buried inside it was an amendment to the Federal Reserve Act that would bar the central bank from issuing a Central Bank Digital Currency — but only until 2031. For US Congressman Michael Cloud and 28 colleagues, that deadline is the problem. On Friday, they sent a letter to House Speaker Mike Johnson and Senate Majority Leader John Thune saying the restriction has to be permanent or it means nothing. I’m proud to sign onto a letter urging House and Senate leadership to permanently ban a Central Bank Digital Currency (CBDC). Americans deserve financial freedom, not government-controlled money. THREAD: pic.twitter.com/RXRhrJtn40 — Rep. Ralph Norman (@RepRalphNorman) March 7, 2026 “A prohibition of a Central Bank Digital Currency must be permanent,” the letter stated. The group warned that a CBDC would hand the Fed unchecked control over Americans’ money and open the door to government surveillance of private financial activity. The Stronger Bill That Lost Steam The letter points directly at Congressman Tom Emmer’s Anti-CBDC Surveillance State Act, known as HR 1919, introduced in June 2025. That bill cleared the House on July 17 but stalled before receiving full Senate approval. The lawmakers argue the housing bill’s CBDC language amounts to a diluted version of Emmer’s legislation — one that strips out the tougher provisions. Critically, the housing bill would still allow the central bank to study and research a CBDC , something HR 1919 would have blocked. “The strong language of H.R.1919 must be restored,” the letter said. A separate measure, the No CBDC Act introduced by Senator Mike Lee in February 2025, also sought a full prohibition but has not advanced. What’s At Stake In The Wording The difference between a temporary freeze and a full ban may seem like a technicality. It isn’t. A 2031 cutoff gives future administrations and Federal Reserve officials room to revisit the question once the political climate shifts. The 29 signatories argue that leaves the door open — and that’s exactly what they want closed. Cloud’s letter called a digital dollar “inherently anti-American,” citing civil liberties concerns and the concentration of financial power in an unelected institution. Whether Congress takes up a standalone permanent ban or rewrites the housing bill’s amendment remains unclear, but the letter signals this fight is far from settled. Featured image from Unsplash, chart from TradingView

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House Republicans demand permanent CBDC ban, warn housing bill at risk

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A group of US lawmakers has joined hands to push for a permanent ban on the development of a US Central Bank Digital Currency (CBDC). The coalition expressed concerns that the CBDC deployment will expose Americans to unconstitutional financial surveillance. Members of the U.S. Congress have combined efforts to push for a permanent ban on CBDC development and deployment in the US as the Senate prepares to pass the 21st Century ROAD to Housing Act (HR 6644). The coalition jointly presented their concerns in writing through a statement presented by Member of Congress Michael Cloud to the Speaker of the US House of Representatives, Honorable Mike Johnson, and the Majority Leader, Honorable John Thune. The lawmakers challenged the bill’s provision that temporarily prohibits the Federal Reserve Bank from issuing or creating a CBDC. CBDC provision on the Housing Act prompts rebellion from Congress I’m proud to sign onto a letter urging House and Senate leadership to permanently ban a Central Bank Digital Currency (CBDC). Americans deserve financial freedom, not government-controlled money. 🧵THREAD: pic.twitter.com/RXRhrJtn40 — Rep. Ralph Norman (@RepRalphNorman) March 7, 2026 The letter comes as a follow-up to a 300-page 21st Century ROAD to Housing Act released by the Senate Committee on Banking, Housing, and Urban Affairs. The measure includes an amendment provision that would bar the Federal Reserve from issuing a CBDC until December 31, 2031. Michael Cloud and 27 other Congressional colleagues insist on a permanent hard ban on the Federal Reserve’s CBDC exploration. Congress members believe a temporary pause does not offer Americans sufficient protection against government control. In the letter, the lawmakers stated that the Senate “Must amend the bill” to align with the House’s earlier passage. The coalition noted that the House of Representatives has already passed a bill to ban CBDC development on a bipartisan basis and vowed to do everything they can to ensure the bill is dead on arrival. The letter also highlighted Trump’s commitment to propel the US to the forefront of the crypto industry ahead of China. In the letter, the lawmakers highlighted that the speaker promised to impose a permanent ban on CBDCs and to include the provision in the most recent National Defence Authorization Act, among other legislation. The lawmakers emphasized that the speaker has still not yet kept his word, 8 months later, after the July negotiations. The congress members believe that CBDCs will expose US citizens to financial surveillance, which they termed unconstitutional. In an X post dated March 7, Representative Ralph Norman argued that CBDCs will allow the US government to track transactions and monitor how US citizens spend their money. The representative described the issuance as an “overreach at its core” and emphasized that the central bank’s issuance of digital currency “would give unelected bureaucrats unprecedented power over Americans’ finances and threaten basic economic freedom.” As the lawmakers push to ban CBDCs, Financial veteran Ray Dalio said that CBDCs are coming. In an interview with Tucker Carlson, Dalio cautioned that the controlled virtual currency will allow the government to enforce laws or collect taxes, stating that they can “take your money.” Dalio interlinked CBDCs with geopolitical power, which allows a government to control non-citizens. The billionaire emphasized that this is one of the risks associated with granting a state complete control over finances. Europe heightens CBDC efforts as China’s digital yuan (e-CNY) sets the pace In Europe, CBDC deployment could continue to progress. The European Central Bank’s top policymaker, Fabio Panetta, and the Governor of the Bank of Italy said there is a chance that commercial bank money will be fully tokenized in the near future. Panetta anticipates that the digital Euro will be ready for release in 2029. In mid-January, Cryptopolitan reported that a new Chinese crypto platform, mBridge, had recorded transaction volume of over $55.5 billion, according to a report from the Washington-based Atlantic Council. The report noted that the digital yuan (e-CNY) accounted for more than 95% of the total transaction volume, making it the world’s largest live central bank digital currency project. The report noted that central banks in Asian countries such as Saudi Arabia and the United Arab Emirates are on the front lines of developing virtual currency. The smartest crypto minds already read our newsletter. Want in? Join them .

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Bitcoin Hovers Near Crucial Fibonacci-Based Support Zone

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Bitcoin trades near a key support at $63,700, raising concerns of a deeper correction. Fibonacci-based models indicate shifting support and resistance as market dynamics evolve daily. Continue Reading: Bitcoin Hovers Near Crucial Fibonacci-Based Support Zone The post Bitcoin Hovers Near Crucial Fibonacci-Based Support Zone appeared first on COINTURK NEWS .

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Institutional Appetite Fuels Bitcoin ETF Inflows After Extended Slump

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Bitcoin ETFs saw renewed inflows after months of sluggish performance and institutional withdrawal. Ethereum ETF flows remain mixed, but outflows are slowing and net gains still outweigh losses. Continue Reading: Institutional Appetite Fuels Bitcoin ETF Inflows After Extended Slump The post Institutional Appetite Fuels Bitcoin ETF Inflows After Extended Slump appeared first on COINTURK NEWS .

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Cronos price prediction 2026-2032: Will CRO reach $1?

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Key takeaways The CRO price prediction for 2026 shows it will reach a maximum level of $0.07691 and an average price of $0.1195. By 2029, CRO could reach a maximum value of $0.4279, with an average trading price of $0.3655. Cronos is expected to reach a maximum level of $1.46 in 2032. Cronos (CRO) is the native cryptocurrency of the Cronos chain, a decentralized, open-source blockchain created by Crypto.com, a leading payment, trading, and financial services platform. CRO functions as a utility token, enabling real-time, low-cost transactions and supporting the next generation of decentralized applications and crypto assets. The Cronos cross-chain mainnet beta highlights a promising outlook for CRO, enhancing interoperability across major blockchain ecosystems and potentially boosting its appeal to developers and users. Recent market performance indicates strong sentiment and growing confidence in CRO, making it an attractive investment in the evolving crypto space. Crypto.com has also increased CRO’s visibility through high-profile partnerships, including collaborations with Eminem, actor Matt Damon, major sports teams, and Trump Media. This Cronos price prediction will examine CRO’s past performance, current momentum, and future market trends using comprehensive technical analysis and predictive modeling. Overview Cryptocurrency Cronos Token CRO Price $0.07508 Market Capitalization $3.07B Trading Volume (24-hour) $7.12M Circulating Supply 41.08B CRO All-time High $0.9698 Nov 24, 2021 All-time Low $0.01149 Dec 17, 2018 24-h High $0.07524 24-h Low $0.07394 Cronos Price Prediction: Technical Analysis Metric Value Price Volatility (30-day variation) 2.70% (Medium) 50-Day SMA $ 0.08271 14-Day RSI 41.33 (Neutral) Market Sentiment Bearish Green Days 14/30 (47%) 200-Day SMA $ 0.1078 Price Prediction $ 0.08329 (10.93%) Cronos price analysis: CRO shows a mild downtrend as traders await a breakout Price moves within a narrow range, signaling market indecision. A breakout above or below the range will likely set the next direction. CRO shows a slight decline as traders await a breakout. On March 8, 2026, Cronos (CRO) trades at $0.07508, marking a 0.85% decline. The asset moves within a tight range, with resistance at $0.07524 and support at $0.07394 as traders watch for the next breakout direction. Cronos daily price chart: CRO enters tight consolidation as traders monitor direction On the daily timeframe, Cronos (CRO) trades just below its recent upper range, reflecting persistent selling pressure as the market struggles to gain strong upward momentum. The price remains above a key support level, which continues to act as a crucial defensive zone and helps prevent deeper short-term declines amid cautious trading activity. CRO/USDT Chart: TradingView Cronos (CRO) trades around $0.075, showing relatively stable price action following a prolonged downtrend and recent sideways consolidation. Momentum indicators remain neutral, with the RSI at 42.21, suggesting weak buying pressure and a market that is neither overbought nor oversold. Meanwhile, the MACD stays slightly below the signal line, reflecting mild bearish momentum without strong downside acceleration. Cronos 4-hour price chart: CRO maintains short-term consolidation ahead of breakout On the 4-hour timeframe, Cronos (CRO) shows short-term consolidation, trading within a narrow corridor that indicates a temporary balance between buyers and sellers. The price sits near the midpoint of this range as momentum remains neutral. CRO/USDT Chart: TradingView Cronos (CRO) shows mostly sideways movement on the 4-hour timeframe after recent fluctuations, indicating a period of short-term consolidation. The RSI stands around 44.29, suggesting neutral momentum with neither strong buying nor selling pressure. Meanwhile, the MACD remains slightly below the signal line, reflecting mild bearish momentum without a strong directional push. Cronos technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $ 0.08936 SELL SMA 5 $ 0.08147 SELL SMA 10 $ 0.07667 SELL SMA 21 $ 0.07715 SELL SMA 50 $ 0.08271 SELL SMA 100 $ 0.09307 SELL SMA 200 $ 0.1078 SELL Daily exponential moving average (EMA) Period Value Action EMA 3 $ 0.07879 SELL EMA 5 $ 0.08249 SELL EMA 10 $ 0.08816 SELL EMA 21 $ 0.09256 SELL EMA 50 $ 0.1015 SELL EMA 100 $ 0.1174 SELL EMA 200 $ 0.1281 SELL What to expect from Cronos? Cronos remains in a tight trading range as traders watch for a breakout. A move above recent highs could trigger bullish momentum, while a drop below support may confirm short-term downside. Momentum is neutral, and price action is likely to stay contained until a decisive move occurs. Why Is Cronos Down Today? CRO’s decline reflects ongoing selling pressure after a prolonged downtrend. Market participants are cautious, awaiting confirmation of a breakout from the current range. Limited buying interest and mild bearish momentum, as indicated by neutral RSI and slightly negative MACD readings, contribute to the short-term downtrend. Overall, the market is in a wait-and-see phase, with traders monitoring key levels for the next directional signal. Is Cronos a good investment? Cronos currently shows cautious price action, with mild bearish momentum and neutral indicators suggesting that the market is indecisive. For short-term traders, the tight consolidation range may offer opportunities to trade breakouts, but the limited momentum means that risk management is essential. Long-term investors should consider that CRO has experienced a prolonged downtrend, and stability above key support levels is crucial before expecting a sustained upward move. While potential exists for a bullish breakout, the current market environment calls for patience, careful monitoring of technical levels, and awareness of overall crypto market conditions before making investment decisions. Recent News The Cronos App is non-custodial, giving users full control of their funds. It aims to democratize financial access for those previously excluded from traditional services. Non-custodial. Open to everyone. Cronos CPO Zain ( @zainbacchus ): Cronos App is non-custodial, and we're democratising financial access for those who were previously prevented from getting access. pic.twitter.com/yGx0AJ8uVa — Cronos (@CronosApp) March 8, 2026 Will Cronos reach $10? Cronos would need an increase of 13,255.14% to hit $10. However, our Cronos prediction model indicates this is highly unlikely, projecting a maximum price of only $0.3862 by 2050. Will Cronos reach $100? Cronos would need a staggering 133,451.45% increase to reach $100. Our Cronos prediction algorithm shows this is extremely unlikely, with the highest projected price being just $0.3862 by 2050. Does Cronos have an excellent long-term future? Cronos (CRO) shows strong long-term potential, driven by Crypto.com’s continuous innovations, including DEX growth, NFT integration, and metaverse initiatives, which boost CRO’s utility and appeal. Combined with its liquidity, staking incentives, and governance features, CRO presents a compelling option for long-term investors, particularly amid growing institutional interest. Cronos price prediction March 2026 Cronos is expected to trade within a range of $0.0747 to $0.07696, with an average price of around $0.07562. Month Potential Low Potential Average Potential High March $0.0737 $0.0756 $0.07696 Cronos price prediction 2026 Cronos is projected to trade between $0.07691 and $0.1380. Should it hit the upper target, CRO could surge by 140.95% to reach $0.1195. Cronos Price Prediction Potential Low Potential Average Potential High Cronos Price Prediction 2026 $0.07691 $0.1195 $0.1380 Cronos price prediction 2027-2032 Year Minimum Price Average Price Maximum Price 2027 $0.1675 $0.1752 $0.2037 2028 $0.2499 $0.2586 $0.2903 2029 $0.3509 $0.3655 $0.4279 2030 $0.5217 $0.5380 $0.6322 2031 $0.7937 $0.8169 $0.9118 2032 $1.25 $1.46 $1.64 Cronos price prediction 2027 The 2027 Cronos price forecast indicates a minimum of $0.1675, a maximum of $0.2037, and an average price of around $0.1752. Cronos price prediction 2028 In 2028, Cronos is projected to trade with a minimum price of $0.2499, a maximum of $0.2903, and an average price of around $0.2586. Cronos price prediction 2029 The 2029 Cronos price forecast estimates a minimum of $0.3509, a maximum of $0.4279, and an average trading price of approximately $0.3655. Cronos price prediction 2030 According to projections, Cronos (CRO) could trade between $0.5217 and $0.6322, with an average expected price of around $0.5380. Cronos price prediction 2031 In 2031, Cronos is projected to trade with a minimum price of $0.7937, a maximum of $0.9118, and an average price of approximately $0.8169. Cronos CRO price prediction 2032 In 2032, Cronos (CRO) is projected to have a minimum price of $1.25, a maximum of $1.64, and an average trading price of around $1.46. Cronos price prediction 2026-2032 Cryptopolitan’s Cronos CRO price prediction According to our Cronos price forecast indicates a bullish outlook, with the coin expected to reach a minimum of $0.07691 by the end of 2026. By 2029, the average price could rise to $0.1195, with a potential maximum of $0.1380 under bullish conditions. Investors should seek professional advice and set clear price targets to maximize returns. For trading Cronos, top centralized exchanges (CEXs) are recommended. Cronos market price prediction: Analysts’ CRO price forecast Firm 2026 2027 DigitalCoinPrice $0.0749 $0.13 Coincodex $0.0746 $0.1983 Cronos’ historic price sentiment CRO price history | Coingecko CRO launched at $0.01977 in December 2018 and saw early fluctuations, hitting $0.07344 by March 2019, but ended 2019 at $0.03358. In 2020, CRO rose steadily, reaching above $0.20 by August before dropping to $0.06 by year-end. In 2021, CRO followed the crypto bull run, surpassing previous highs and achieving an all-time high of $0.9698 on November 24, boosted by listings on Coinbase Pro and Bitrue. CRO opened 2022 at $0.5575 but fell to $0.4409, partially due to concerns over a potential security breach on the Crypto.com platform, which temporarily suspended withdrawals in January. In 2023, Cronos experienced a peak in mid-March at around $0.80, followed by a steep decline and stabilization at around $0.20 by mid-year. It maintained a slight oscillation around this range in the following months. CRO started 2024 at $0.10, rallied to a yearly high of $0.18 in March, and declined to $0.12 by June. It stabilized between $0.08 and $0.10 from July to October, traded at $0.07193 and $0.09521 in November, and ended the year in a range of $0.138 and $0.234 in December. In January 2025, Cronos traded within the range of $0.158 to $0.163 but lost momentum towards the end of the month, resulting in a trading range of $0.1005 to $0.160 in February. Later in March, Cronos traded within the range of $0.08076 and $0.0950. However, after touching the $0.1 mark by the end of March, the Cronos price triggered a bearish rally. In April, the CRO price declined heavily due to the rising trade war between the US and China. The Cronos price dropped to a low of $0.08. However, it has been surging toward $0.09 in recent weeks of May. In June, Cronos (CRO) declined from approximately $0.098 to $0.081, experiencing a steady downtrend with brief attempts at recovery near $0.085 in July. By the end of August, the price of Cronos skyrocketed toward $0.38, but it later declined below $0.25 in early September. In September 2025, Cronos (CRO) traded near $0.22 before climbing modestly to around $0.25 in October 2025. In November 2025, Cronos (CRO) traded around $0.126 after recovering from a dip near $0.120. Cronos dropped from about $0.12 in early November to around $0.10 by the end of the month, stabilizing at the same level in early December. In January 2026, Cronos (CRO) traded mostly around the $0.10–$0.15 range before briefly spiking close to $0.30, then in February it pulled back sharply and consolidated lower, hovering near the $0.08–$0.10 level.

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