Bipartisan CBDC Ban Deal Would Block Fed Digital Dollar Until 2030
A bipartisan congressional deal is moving forward with a provision that would block the Federal Reserve from issuing or creating a central bank digital currency until December 31, 2030. The language appears inside a broader housing finance and infrastructure package, so it is not yet standalone law and could still change or stall during the legislative process. The proposed pause matters for crypto and payments policy because it would delay any retail digital dollar and give private stablecoins, bank settlement tools, and other payment networks more room to develop without direct Fed competition. It also signals that Congress wants tighter control over any future U.S. CBDC. The next key steps are release of final bill text and votes, while markets will also watch whether the Fed says a CBDC would require congressional authorization anyway.
