- The U.S. has agreed on restrictions for the Fed regarding the issuance of CBDCs.
- Crypto supporters called this a victory.
- They believe that private stablecoins are gaining more opportunities.
The heads of the banking and financial committees of the U.S. Senate and House of Representatives presented an updated text of the 21st Century ROAD to Housing bill, which provides for a temporary ban on the issuance of CBDCs until December 31, 2030. The document is being returned to the Senate for consideration.
According to the text of the document, the Fed will not be able to "issue or create a central bank digital currency or any substantially similar asset" until the end of 2030.
The U.S. House of Representatives approved three strategic bills — GENIUS, CLARITY and Anti-CBDC 07/18/2025 Read
At the same time, the ban will not apply to open permissionless private dollar assets, in particular stablecoins, which provide "privacy protection similar to coins and U.S. cash currency."
The initiative was presented by Senate Banking Committee Chairman Tim Scott, committee member Elizabeth Warren, House Financial Services Committee Chairman French Hill and committee member Maxine Waters.
This is not the first attempt by American legislators to limit the possibility of launching a digital dollar. After the U.S. Senate Committee on Banking, Housing and Urban Affairs proposed banning the issuance of CBDCs until the end of 2030 in March 2026, the corresponding provision again entered the agreed bipartisan version of the bill.
At that time the document noted that a CBDC is a digital asset denominated in U.S. dollars that is the currency of the United States, a direct obligation of the Fed and available to the general public.
Reaction of the crypto community
The news about the inclusion of the CBDC ban in the bill is being received positively by part of the crypto community. Some market participants called the decision a "strategic victory" for the industry, since the document simultaneously limits the possibility of launching a digital dollar and leaves room for the development of private stablecoins.
On the path to stability: types, features and risks of stablecoins 10/02/2023 Read
A user of the X platform (formerly Twitter) under the pseudonym Świat Krypto stated that the U.S. is effectively betting on private digital dollar assets instead of a state digital currency:
"For the entire cryptocurrency sector this is a strategic victory in the U.S. Instead of a state digital dollar under the full control of officials, America is officially betting on private stablecoins."
At the same time, not all crypto supporters are satisfied with the compromise format of the ban. U.S. Congressman Warren Davidson criticized its temporary nature:
"I consider a temporary ban a launch date, so I don't think it should be temporary."
He also added that the five-year ban in the bill was a bad idea, and a three-year one was "even worse."
CBDC opponents traditionally argue their position with risks to citizens' privacy. In particular, some social media users consider central bank digital currencies a potential tool for financial monitoring and state control. One of the commentators characterized the development of such initiatives as:
"The establishment of a surveillance state. Digital identification, CBDCs and a social rating system are already on the way."
At the same time, the CBDC issue remains a subject of debate in the U.S. In May 2026, during the Digital Money 2026 conference in London, former CFTC head Timothy Massad stated that American authorities continue to discuss the possibility of creating a central bank digital currency.
According to him, such discussions take place "behind closed doors," despite the fact that banning the digital dollar was one of the campaign promises of U.S. President Donald Trump, and not a single relevant bill has yet been finally adopted.
As a reminder, the bill banning CBDCs was first submitted for consideration in February 2024.
Source: Incrypted
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