House and Senate negotiators released updated text for the 21st Century ROAD to Housing Act on Tuesday, attaching a statutory ban on a Federal Reserve central bank digital currency through December 31, 2030. The compromise carves out private stablecoins and now returns to the Senate floor.

Congress passed the 21st Century ROAD to Housing Act with overwhelming bipartisan support, including a CBDC ban until 2030 and restrictions on institutional

US House and Senate leaders have come to a deal on a key housing bill, which includes a ban on the Federal Reserve working on a CBDC until late 2030.