The U.S. Senate passes a bill provision to prohibit the issuance of CBDCs, with the ban potentially lasting until 2030.

ZkProver · 2026-03-13T00:21:43+00:00

The U.S. Senate approved a housing bill with 89 votes in favor, banning the Federal Reserve from issuing a central bank digital currency, with the ban lasting until the end of 2030. The prospects in the House are uncertain, as some members have raised objections to certain provisions that may affect the bill's passage.

ZkProver

2026-03-13 00:21:43

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ChainCatcher News: The U.S. Senate passed a bipartisan housing bill with 89 votes in favor and 10 against. The bill includes a provision that bans the Federal Reserve from issuing Central Bank Digital Currencies (CBDC), a ban that will last at least until the end of 2030. It requires the Federal Reserve not to directly or indirectly issue or create CBDC or similar digital assets through financial institutions or other intermediaries. However, the bill’s prospects in the House remain uncertain.

Some lawmakers have raised objections to the provision restricting large institutional investors from holding certain amounts of housing, which could lead the House to push for a new review version and impact the bill’s progress. Industry insiders say the relevant clause emphasizes a stance favoring private sector-led digital asset innovation and the protection of financial privacy.

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