The United States legislatively blocks the issuance of CBDC until 2030: a new law against the digital dollar
U.S. lawmakers have reached a preliminary agreement to advance the "21st Century ROAD to Housing Act." This bill introduces a direct ban on the Federal Reserve issuing a central bank digital currency (CBDC) until December 31, 2030. This applies not only to a full-fledged CBDC but also to any "substantially similar" virtual assets, placing a strict barrier on the introduction of a digital dollar in the foreseeable future.
It is important to note that the bill makes a clear exception for private stablecoins. Their development, issuance, and use remain fully permitted. This signals a fundamentally different approach by regulators: the digital asset market can develop, but not under the auspices of the state.
The CBDC ban has become part of a broad package of laws concerning affordable housing. This combination of diverse initiatives is a classic political maneuver that has accelerated the progress of a document that previously faced serious resistance in Congress. Such tactics are often used to bypass blockages on narrow issues.
The initiative enjoys support from Republicans and the administration of President Donald Trump. As early as January 2025, Trump signed an executive order against CBDCs, calling them a direct threat to financial stability and citizen privacy. Treasury Secretary Scott Bessent has also repeatedly confirmed that the government does not consider the introduction of a digital dollar a priority.
The Senate is expected to hold a procedural vote soon, and the House of Representatives will begin considering the bill after June 23. If it successfully passes all stages, the document will be sent to the president for signature. Recall that in August 2025, lawmakers already attempted to include a similar ban in the draft defense budget for 2026, highlighting the systemic nature of this struggle.
Analyst's comment: This step is not just a temporary restriction but a strategic signal to the market. The U.S. is deliberately rejecting a state-issued digital currency, betting on private initiatives and decentralized solutions. For investors, this means that in the coming years, the main battlefield for digital finance will unfold around the regulation of stablecoins and DeFi, rather than state monopolies. However, by 2030, the political landscape could change dramatically.