Tag: Anti-CBDC Act

Senate Votes 89–10 to Block the Federal Reserve's Digital Dollar Until 2030 — America's Most Bipartisan Crypto Vote Is Hidden in a 302-Page Housing Bill

On March 12, 2026, the US Senate passed the 21st Century ROAD to Housing Act 89–10. Embedded within the 302-page housing bill is a landmark provision prohibiting the Federal Reserve from issuing a CBDC directly or indirectly until December 31, 2030. The ban forbids pilot programs without explicit Congressional approval and requires Congressional Financial Technology requirements for any future digital dollar initiative. Private stablecoins including USDC and USDT are explicitly excluded. H.R.1919 (Anti-CBDC Surveillance State Act) passed the House 219-210 on July 17, 2025. Senator Ted Cruz sought a permanent ban but his standalone amendment failed. The bill now goes to the House for reconciliation. Trump signed an executive order halting CBDC research in January 2025. Circle and Tether are positioned to benefit from the stablecoin tailwinds.