The US House has passed a sweeping housing bill that includes a ban on central bank digital currencies through 2030, sending it to President Trump’s desk for his expected signature.
The 21st Century ROAD to Housing Act passed the House 358-32 on Tuesday, a day after the Senate approved it 85-5. The legislation primarily targets housing affordability, but its CBDC provisions have drawn significant attention from the crypto industry.
The bill bars the Federal Reserve from issuing or creating a CBDC, or any digital asset substantially similar to one, with the restriction expiring December 31, 2030. The language revives Republican Representative Tom Emmer’s Anti-CBDC Surveillance State Act, which passed the House in July 2025 but stalled in the Senate.
Senate Banking Committee Chairman Tim Scott called the passage “a major win for families working toward the American Dream” and said he looks forward to Trump signing it into law.
Crypto advocates have long opposed CBDCs, viewing them as an attempt to repurpose decentralized technology for centrally controlled assets. The bill does include a carve-out for dollar-denominated stablecoins that are “open, permissionless and private.”
With the housing bill settled, Congress can now turn its attention to other legislation before the August recess and November midterms. The Senate’s crypto market structure bill, the CLARITY Act, remains a priority for many lawmakers, though its odds of passing this year have slipped to around 60% according to Galaxy Digital.
