US Congress Passes CBDC Ban Through 2030 in Bipartisan Housing Bill
Both chambers of the US Congress reached a bipartisan deal on a housing bill that includes a provision banning CBDCs through 2030. The Senate voted 87-8 to advance the bill, which also carries implications for tokenized real estate. The CBDC ban directly restricts federal digital currency deployment on payment rails for the remainder of the decade.
CBDC Ban: Congress just drew a line it can't fully enforce
The housing bill bans the Federal Reserve from issuing a central bank digital currency until 2030 — but carves out an explicit exemption for "open, permissionless, and private" dollar stablecoins.
That carve-out is doing a lot of work.
Private stablecoins issued by banks or fintechs can still serve as the de facto payment rail for everyday Americans, even with a CBDC formally prohibited. The ban keeps the government out of your wallet in name. The stablecoin exemption ensures someone else gets in instead.
For anyone who thinks the real issue is who controls the money, not what it's called, that distinction matters enormously.
Sources · 3
- Senate votes 87-8 to advance bipartisan housing bill with implications for tokenized real estatecryptobriefing.com · T2
- Congress reaches deal on housing bill with CBDC ban until 2030cointelegraph.com · T1
- Senate, House reach agreement on housing bill banning CBDC through 2030theblock.co · T1