The U.S. Senate passes a housing bill that includes a provision prohibiting the Federal Reserve from issuing CBDC.

MarsBitNews · 2026-03-13T00:58:06+00:00

The US Senate passed a housing bill with an attached provision prohibiting the Federal Reserve from issuing a central bank digital currency (CBDC), with the ban lasting until the end of 2030. The bill's prospects in the House remain unclear, with controversy primarily focused on restrictions limiting the number of properties large investors can own. Trump is demanding that a voter ID bill be passed first, adding to legislative uncertainty.

MarsBitNews

2026-03-13 00:58:06

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According to Mars Finance, CoinDesk reports that the U.S. Senate overwhelmingly passed a housing bill with a bipartisan vote of 89 to 10. The bill includes a provision that bans the Federal Reserve from issuing central bank digital currencies (CBDCs), with the ban lasting until the end of 2030. The clause states that the Federal Reserve shall not directly or indirectly issue or create CBDCs or any digital assets substantially similar to CBDCs through financial institutions or other intermediaries. The bill’s fate in the House remains uncertain, with controversy centered on the bill’s requirement to significantly restrict the number of properties that large housing investors, such as private equity firms, can own. Although President Trump supports expanding housing accessibility, he recently stated he will not sign any legislation until a voter identification bill is passed in Congress, adding uncertainty to the prospects of the housing bill and the Crypto Market Structure Act.

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