Senate Approves Temporary Federal Reserve CBDC Ban Through 2030
The U.S. Senate has approved the 21st Century Road to Housing Act with an 89-10 vote, which includes a provision banning the Federal Reserve from launching a central bank digital currency (CBDC) until the end of 2030. This ban does not affect private digital currencies or stablecoins, which remain legal and supported by key political figures. The legislation reflects strong bipartisan opposition to CBDCs but still faces uncertainty in the House and potential presidential vetoes.
TLDR The Senate approved the 21st Century Road to Housing Act with an 89-10 vote, including an amendment banning CBDCs. Federal Reserve is prohibited from launching a central bank digital currency through December 31, 2030. Private digital currencies, including stablecoins that are permissionless and maintain privacy, remain unaffected. House approval remains uncertain as representatives may contest certain provisions of the legislation. Additional complications arise from President Trump’s pledge to veto bills until voter-ID requirements pass. On Thursday, the United States Senate approved significant housing legislation that contains a provision temporarily preventing the Federal Reserve from launching a central bank digital currency. BREAKING: The United States Senate has just voted to ban a Federal Reserve CBDC until the year 2030! “The Federal Reserve has no chance of issuing a digital dollar.” HUGE WIN FOR CRYPTO! pic.twitter.com/IRouGlz1EA — JackTheRippler © (@RippleXrpie) March 13, 2026 The legislation, titled the 21st Century Road to Housing Act, secured strong bipartisan support with an 89-10 vote. Buried within the final sections of the 302-page document is an amendment that prevents the Fed from creating a CBDC, or any comparable digital asset, before the conclusion of 2030. The restriction covers both direct Federal Reserve action and any attempts to issue such currency through banking institutions or third-party intermediaries. Stablecoins remain outside the scope of this prohibition. Dollar-backed digital currencies that operate on open, permissionless networks while protecting user privacy continue to be permitted. Treasury Secretary Scott Bessent and President Donald Trump have expressed support for stablecoins as tools to strengthen American dollar dominance worldwide. Trump alongside Republican legislators have maintained steadfast opposition to central bank digital currencies. Why Lawmakers Want a CBDC Ban Over 30 members of Congress submitted...
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