Crypto news

The U.S. legislative body has completed a key stage in regulating central bank digital currencies (CBDCs). The House of Representatives approved the "21st Century ROAD to Housing Act" and sent it to President Donald Trump for signature, after the Senate gave the green light to the document the day before. This step effectively imposes a direct ban on the Federal Reserve (Fed) from issuing or creating a digital dollar, as well as any "substantially similar" digital assets, until December 31, 2030.

This decision marks a tough stance by Washington on government-issued digital currencies. Lawmakers appear concerned about the potential risks to financial privacy and the expansion of government control posed by CBDCs. Instead, Congress is betting on the development of private stablecoins and decentralized financial solutions, which is confirmed by the parallel advancement of the stablecoin bill (GENIUS Act).

Political context and market implications

The passage of this act is not merely a technical delay. It is a clear political signal: the Trump administration and the current Congress do not intend to rush the implementation of a government-issued digital currency. The moratorium until 2030 gives the cryptocurrency market a temporary but significant window for development without direct competition from the Fed. For investors, this reduces one of the key regulatory risks — the possibility of a "digital dollar" emerging that could undermine demand for decentralized assets.

Expert opinion: This decision is a strategic victory for the crypto industry. The ban on CBDCs until 2030 not only removes the "sword of Damocles" of a state-monopoly digital dollar but also creates fertile ground for innovation in the stablecoin and DeFi sectors. However, it is worth remembering that this is a temporary measure, and in six years, the debate over the digital dollar will inevitably return with renewed vigor. The market should use this respite to build sustainable infrastructure.