US House Approves CBDC Ban Until 2030 as Housing Bill Heads to Trump

The US House of Representatives has passed the 21st Century ROAD to Housing Act, a major housing affordability bill that also includes a ban on central bank digital currencies (CBDCs) until Dec. 31, 2030. The legislation cleared the House with a 358-32 vote, a day after the Senate approved it by an 85-5 margin.

The bill now awaits President Donald Trump’s signature. Trump has already indicated support for the measure and is expected to sign it into law.

Republicans Secure Long-Sought CBDC Restrictions

A key section of the bill prevents the Federal Reserve from directly or indirectly issuing a CBDC or any digital asset that is substantially similar to a CBDC. The provision marks a significant victory for Republicans and crypto supporters who argue that a government-backed digital currency could increase financial surveillance and central control.

Senate Banking Committee Chairman Tim Scott welcomed the bill’s passage, calling it a win for families pursuing the American Dream.

Stablecoins Exempt From Ban

The legislation also exempts dollar denominated stablecoins, allowing digital currencies that are open, permissionless and private. The CBDC language closely mirrors Representative Tom Emmer’s Anti-CBDC Surveillance State Act, which passed the House in 2025 but stalled in the Senate.