#CongressBarsFedCBDCIssuance 🚨 Congress Bars Fed CBDC Issuance Until 2030

The U.S. Congress has officially blocked the Federal Reserve from developing or issuing a central bank digital currency (CBDC). The landmark restriction passed both chambers of Congress with overwhelming bipartisan support as part of the *21st Century ROAD to Housing Act*.

❌ Total statutory ban on a retail "Digital Dollar"

📅 Restriction locked in place until December 31, 2030

🗳️ Passed 85-5 in the Senate; 358-32 in the House of Representatives

🛡️ Explicitly exempts private, permissionless stablecoins (e.g., USDC, USDT)

✍️ Heading to President Donald Trump's desk for an expected signature

Why It Matters

This is a massive victory for financial privacy advocates and the private digital asset sector. Lawmakers heavily targeted the Fed's digital dollar plans due to surveillance concerns, legally mandating that the central bank cannot issue any "substantially similar" digital currency without explicit congressional authorization—even after 2030.

By leaving a clear exemption for open, private-sector stablecoins, Congress has signaled that the future of digital payments in the U.S. will be led by private innovators rather than government infrastructure.

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