US Senate Blocks Federal Reserve CBDC Launch Until 2030 in Housing Bill

The US Senate has overwhelmingly passed a housing affordability bill that includes a significant provision banning the Federal Reserve from issuing a central bank digital currency (CBDC) until 2030. The measure was approved by a vote of 85 to 5, according to CoinTelegraph.

This legislative move effectively delays any potential launch of a US CBDC for nearly a decade, reflecting ongoing caution around digital currency issuance by the nation’s central bank. The provision was embedded within a wider housing bill, indicating a strategic approach to addressing multiple policy areas simultaneously.

For Japanese investors and market participants, this decision highlights the ongoing regulatory uncertainties surrounding digital currencies in major economies, which could influence global FX and crypto market dynamics over the coming years.