The US Senate voted 85-5 to pass a housing bill that includes a four-year ban on the Federal Reserve issuing a central bank digital currency. The bill is expected to pass the House and become law, formally blocking a digital dollar through 2030.
A formal ban on a US CBDC removes a long-standing fear in the crypto community about government surveillance through a digital dollar, which is positive for the industry's regulatory clarity.
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Last updated 23 Jun 2026