US Senate Passes Housing Bill With Four-Year Fed CBDC Ban

The U.S. Senate passed a bipartisan housing bill Monday in an 85-5 vote that includes a provision barring the Federal Reserve from launching a central bank digital currency through 2030. The measure now heads to the House for consideration.

For crypto readers, the provision matters because it would extend the political freeze around a potential U.S. digital dollar, a topic that has drawn sharp debate across Washington and the digital asset industry. If enacted, the ban would keep the Fed from moving ahead with a CBDC during the covered period.

The restriction was included in broader housing legislation, rather than as a standalone crypto bill. Its bipartisan passage in the Senate gives the measure momentum, though it still requires approval from the House before it can become law.

A central bank digital currency would be a digital form of sovereign money issued by the Federal Reserve. The Senate bill does not settle the wider policy debate over such a system, but it would place a clear time limit on federal action by blocking a Fed digital dollar through 2030.

The next step is in the House, where lawmakers will decide whether to advance the bill with the CBDC language intact. Until then, the Senate vote marks a significant legislative development in the U.S. debate over government-issued digital money.