Crypto news

U.S. lawmakers have reached a preliminary agreement on the "21st Century ROAD to Housing Act," which introduces a direct ban on the issuance of a central bank digital currency (CBDC) until December 31, 2030. This decision, supported by both chambers of Congress, effectively blocks any attempts by the Federal Reserve to create a digital dollar for the next five years.

The legislative provision applies not only to classic CBDCs but also to any "substantially similar" virtual assets, closing loopholes for alternative forms of government digital currencies. However, the development and use of private stablecoins remain fully permitted—an important signal for the market, which continues to actively grow in this segment.

Political Context and the Future of the Digital Dollar

Including the CBDC ban in the affordable housing legislative package is a strategic move that bypassed previous resistance in Congress. The initiative enjoys support from Republicans and the administration of President Donald Trump, who in January 2025 already signed an executive order against CBDCs, calling them a threat to financial stability and citizen privacy. Treasury Secretary Scott Bessent has also repeatedly confirmed that the government does not plan to introduce a digital dollar.

A procedural vote in the Senate is expected to take place soon, while the House of Representatives will consider the bill after June 23. Once approved, the document will be sent to the president for signature.

Analytical Conclusion

This decision confirms a long-term trend in the U.S. favoring private cryptocurrencies and stablecoins over government digital currencies. The market receives a clear signal: the regulatory environment in the coming years will favor decentralized solutions rather than centralized digital dollars. For investors, this means maintaining the current dynamics in the stablecoin and DeFi sectors, while the prospects for CBDCs in the U.S. remain uncertain at least until 2030.