The U.S. House of Representatives passed the annual National Defense Authorization Act (NDAA) with a vote of 312–112 and sent it to the Senate, but it did not include the previously promised ban on central bank digital currencies (CBDCs), sparking dissatisfaction among conservative members. In July, House Republican leaders had reached an agreement with hardliners to include a ban in the NDAA. The early version proposed to prohibit the Federal Reserve from testing, researching, developing, or issuing any digital currency, and to ban direct financial products/services to individuals. (Cointelegraph)