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US Senate Bans CBDCs Through Housing Reform Maneuver

US Senate Bans CBDCs Through Housing Reform Maneuver

Author:

Global Cryptocurrency

Published:

2026-03-03 06:29:02

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BTCCSquare news:

The Senate quietly buried Federal Reserve ambitions for a digital dollar in a must-pass housing bill. An 84-6 vote attached a CBDC prohibition lasting until 2030—a concession to House Republicans who traded votes on crypto legislation for this policy win.

Trump allies framed the ban as protection against government surveillance, while Biden's team saw their central bank digital currency plans collapse. The tactical MOVE exploits legislative inertia—few lawmakers dare oppose housing bills, making this vehicle ideal for contentious riders.

Globally, 98% of economies explore CBDCs, but America under Trump's influence charts an isolationist course. The Fed's digital dollar experiments now face a six-year freeze, marking a watershed for crypto markets.

By:

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