US Congress Advances Housing Bill With Temporary CBDC Ban Until 2030

US House and Senate leaders have reached an agreement on a major housing bill that also includes a temporary ban on the Federal Reserve creating a central bank digital currency (CBDC) until 2030. The legislation, known as the 21st Century Road to Housing Act, focuses on improving housing affordability while also setting limits on institutional investors buying single-family homes for rental purposes.

Lawmakers released an updated version of the bill on Tuesday after resolving differences between earlier House and Senate proposals. The Senate had already included CBDC restrictions in its version passed in March, and the House approved a similar version in May.

CBDC Ban Becomes Key Part of Final Agreement

The revised bill would prevent the Federal Reserve from issuing or developing any CBDC or similar digital asset until December 31, 2030. The language also includes a carveout allowing stablecoins that are private, open, and dollar-backed.

Supporters of the measure say it protects financial privacy and prevents government control over digital money systems. The provision closely reflects earlier proposals from Republican lawmakers who have repeatedly pushed to block CBDC development.

Crypto Policy Momentum Builds Ahead of Elections

The deal clears space for Congress to focus on other pending legislation, including the CLARITY Act on crypto market regulation. The housing bill is expected to move quickly after the House returns from recess, marking another step in the ongoing debate over digital currency policy in the United States.