US Senate Adds CBDC Ban to Housing Bill in Bipartisan Vote

The United States Senate voted to include an amendment in the 21st Century Road to Housing Act that would prohibit the Federal Reserve from issuing a central bank digital currency. The measure passed with an 89–10 vote and would keep the restriction in place until Dec. 31, 2030.

The amendment states that the Federal Reserve or any regional reserve bank may not create or distribute a digital currency directly or indirectly through financial institutions or intermediaries.

Stablecoins Excluded From the Ban

The provision does not apply to privately issued digital currencies that are open, permissionless and private. As a result, dollar-pegged stablecoins remain outside the scope of the restriction.

Lawmakers Raise Concerns Over Financial Surveillance

Several lawmakers have criticized central bank digital currencies, arguing that such systems could expand government oversight of personal finances. Some officials have warned that CBDCs could enable monitoring, freezing or automated taxation of funds.

The debate comes as policymakers continue discussing broader digital asset regulation in the United States, including rules that may shape the future of stablecoins and blockchain-based financial infrastructure.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.