US nears ban on CBDCs until 2030 as housing bill goes to Trump
The US House passed the 21st Century ROAD to Housing Act by 358-32, after the Senate approved it 85-5. The bill focuses mainly on housing affordability and now goes to President Trump, who is expected to sign it. A key provision bans the Federal Reserve from issuing a central bank digital currency, or any similar digital asset, until Dec. 31, 2030. The measure is a major Republican priority and includes a carve-out for stablecoins described as open, permissionless, and private. It revives language from Rep. Tom Emmer’s Anti-CBDC Surveillance State Act. With the housing bill moving forward, Congress can shift attention to other priorities, including the Senate’s crypto market structure bill, the CLARITY Act, though its prospects this year have weakened.
