The US Senate passed the 21st Century ROAD to Housing Act 85-5, embedding a statutory ban on a Federal Reserve CBDC through 2030 in a sweeping bipartisan housing package.

The Senate voted to pass the bipartisan 21st Century ROAD to Housing Act after a series of negotiations turned into a deal.

The idea of a U.S. central bank digital currency — though little more than a research topic at the Federal Reserve — may be getting formally blocked.