House and Senate leaders have reached a bicameral agreement on the 21st Century ROAD to Housing Act, which includes a provision blocking the Federal Reserve from issuing a central bank digital currency through 2030. The ban is embedded in broader housing legislation, giving it a legislative vehicle with bipartisan support. No vote date has been publicly confirmed, but the agreement signals meaningful congressional momentum against a U.S. digital dollar.
A legislated CBDC ban removes one of the most cited regulatory threats hanging over Bitcoin and the broader crypto market — the fear that a government-backed digital dollar could crowd out private cryptocurrencies. For crypto holders, this is a structural tailwind: it signals that Congress is willing to protect the private digital asset ecosystem from direct federal competition for at least five years. It also reduces near-term regulatory uncertainty, which tends to tighten crypto risk premiums.
Watch for the full House and Senate floor votes on the 21st Century ROAD to Housing Act (no confirmed date yet). Also watch for any Federal Reserve commentary on digital dollar research in upcoming congressional testimony or Fed governor speeches.
Full analysis · Subscribers
The deep dive (bull case, bear case, and the data point that decides which side wins), the cause-and-effect chain behind the move, plain-English explainers for every block.
Aggregated reads dozens of sources in five languages and turns the day into plain-English cards like this one.
Educational analysis of public information, not investment advice. Report an error · Corrections policy
← Today's brief