US nears ban on CBDCs until 2030 as housing bill goes to Trump
Cointelegraph 2026-06-24 06:06:46
Context: The US House of Representatives has passed a major housing bill, the 21st Century ROAD to Housing Act, which includes a ban on central bank digital currencies (CBDCs) until 2030. The bill, which aims to tackle housing affordability, now heads to US President Donald Trump, who has signaled support for the measure and is expected to sign it into law. The ban on CBDCs is seen as a major win for Republicans who have long pushed for such a measure.
Key Facts
- The US House of Representatives voted 358-32 to pass the 21st Century ROAD to Housing Act, a housing bill that includes a ban on central bank digital currencies until 2030.
- The bill, which was also passed by the Senate with an 85-5 vote, includes language that prohibits the Federal Reserve from issuing or creating a central bank digital currency or any digital asset substantially similar to a central bank digital currency until December 31, 2030.
- Senate Banking Committee Chairman Tim Scott said, “Today, Congress delivered a major win for families working toward the American Dream,” and looks forward to President Trump signing the bill into law.
- The ban on CBDCs revived language from Republican Representative Tom Emmer’s Anti-CBDC Surveillance State Act, which was introduced in June 2025 and passed the House a month later.
- The housing bill includes a carve-out for crypto stablecoins, allowing “dollar-denominated currency that is open, permissionless and private,” and also features measures aimed at tackling housing affordability.