US nears ban on CBDCs until 2030 as housing bill goes to Trump
The House passed a housing bill with a central bank digital currency ban until 2030, meaning it now just needs US President Donald Trump’s sign-off.
The US House has passed a major housing bill that includes a ban on central bank digital currencies until 2030, in what is set to be a major win for Republicans who have long pushed for such a measure.
The House voted 358-32 on Tuesday to pass the 21st Century ROAD to Housing Act, a day after the Senate voted 85-5 to pass the bill, which largely aims to tackle housing affordability. The bill now heads to US President Donald Trump, who has signaled support for the measure and is expected to sign it into law on Wednesday.
“Today, Congress delivered a major win for families working toward the American Dream,” said Senate Banking Committee Chairman Tim Scott. “I look forward to President Trump signing it into law.”
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