Congress Agrees to 2030 Ban on Federal Digital Currency

WHO:

NewsBTC - Congress, Federal Reserve

Cointelegraph - House and Senate leaders

WHAT:

NewsBTC - A bipartisan deal in Congress would block the Federal Reserve from issuing a central bank digital currency (CBDC) until the end of 2030.

Cointelegraph - The deal includes a temporary ban on a central bank digital currency as part of a housing bill.

WHERE:

NewsBTC - United States Congress

WHEN:

NewsBTC - The ban on the Federal digital dollar is set to last until the end of 2030.

WHY:

Cointelegraph - The motivations behind the ban are not detailed in the articles.

HOW:

NewsBTC - The measure has not yet become law, indicating that further legislative processes are required for it to take effect.

(UPDATED June 17, 2026 16:18 UTC)

A bipartisan deal in Congress aims to block the Federal Reserve from issuing a central bank digital currency until the end of 2030, as part of a housing bill. This temporary ban on the digital dollar is still in the legislative process and has not yet become law, meaning further steps are needed for it to take effect. While the articles do not detail the motivations behind the ban, it highlights ongoing discussions surrounding digital currencies in the United States Congress.