The United States is enacting a legislative ban on CBDCs until 2030: what this means for the crypto market
American lawmakers have taken a decisive step toward limiting government intervention in digital finance. The Senate and the House of Representatives have reached an agreement to advance the "21st Century ROAD to Housing Act," which includes a direct ban on the issuance of a central bank digital currency (CBDC) by the Federal Reserve until December 31, 2030.
This ban extends not only to classic CBDCs but also to any "substantially similar" virtual assets issued by the state. However, a key nuance is that the document makes a clear exception for private stablecoins. Their development, issuance, and use remain fully permitted. This sends a signal to the market: regulators do not seek to stifle innovation but aim to prevent the monopolization of digital payments by the state.
Political Context and Trump's Support
The integration of the CBDC ban into a package of affordable housing laws is a strategic move that bypassed traditional resistance in Congress. The initiative is actively supported by Republicans and the administration of President Donald Trump. As early as January 2025, Trump signed an executive order calling CBDCs a threat to financial stability and citizen privacy. Treasury Secretary Scott Bessent recently publicly confirmed that the government does not plan to introduce a digital dollar in the foreseeable future.
The Senate is expected to hold a procedural vote in the coming days, and the House of Representatives will consider the document after June 23. After approval by both chambers, the bill will be sent to the president for signature. It is worth recalling that as early as August 2025, lawmakers included a similar ban in the draft defense budget for 2026, underscoring the systemic nature of this policy.
My expert assessment: This step is a powerful signal for the market. The CBDC ban until 2030 removes one of the main fears of crypto investors—the risk of total state control over digital assets. For Bitcoin and Ethereum, this is a positive factor as it reduces regulatory uncertainty. However, one should not relax: the exception for stablecoins means that regulators will closely monitor their issuers. The market for private digital currencies has received a green light, but with the condition of full transparency.