US Congress Reaches Deal on CBDC Ban Until 2030
BITmarkets Team
Jun 18, 2026
A revised version of the 21st Century Road to Housing Act was unveiled on Tuesday by a bipartisan group of congressional leaders. The legislation is primarily aimed at addressing housing affordability and includes measures preventing institutional investors from purchasing existing single-family homes for rental purposes.
The Senate originally approved the bill in March with the CBDC restriction included, while the House passed its own version in May. After resolving differences between the two chambers, the Senate added additional amendments that will now return to the House for a final vote.
The legislation is widely expected to gain approval, potentially delivering a long-sought victory for Republicans who have repeatedly attempted to pass standalone CBDC bans that failed to advance through Congress.
CBDC restrictions included until 2030
The bill specifically prohibits the Federal Reserve from directly or indirectly creating or issuing “a central bank digital currency or any digital asset that is substantially similar to a central bank digital currency.” However, the provision is temporary and is scheduled to expire on Dec. 31, 2030. Importantly, the legislation excludes certain privately issued digital assets from the restriction. The bill contains language protecting stablecoins, describing them as “dollar-denominated currency that is open, permissionless, and private.”
The provision closely mirrors elements of Representative Tom Emmer’s Anti-CBDC Surveillance State Act. That proposal was introduced in June 2025 and approved by the House the following month but never advanced in the Senate. Crypto advocates have frequently opposed CBDCs, arguing that government-issued digital currencies could centralize financial control and reduce privacy compared to decentralized cryptocurrencies and private stablecoins.
Focus shifts toward other crypto legislation
The agreement could also help Congress clear its legislative agenda before the August recess and November midterm elections. With the housing bill nearing completion, lawmakers may now devote more attention to other digital asset legislation, including the CLARITY Act, which aims to establish a regulatory framework for the cryptocurrency industry and clarify the roles of federal regulators. According to Politico, House Republican leaders are expected to bring the housing bill to the floor shortly after lawmakers return from recess on June 23.
The congressional effort aligns with previous actions taken by the Trump administration. In January 2025, President Donald Trump signed an executive order preventing federal agencies from pursuing CBDC-related initiatives, arguing that such systems could threaten “the stability of the financial system, individual privacy, and the sovereignty of the United States.”
If enacted, the housing bill would further solidify federal opposition to a US CBDC while preserving a path for private-sector stablecoin development.
Sources:
https://www.politico.com/live-updates/2026/06/16/congress/housing-bill-agreement-00963672
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