US diverges from Europe as Senate reaches deal on bill banning CBDCs - Cryptopolitan

Crypto Insight Summary: * A bipartisan deal on the 21st Century ROAD to Housing Act includes a provision banning a central bank digital currency (CBDC) through 2030. * The Trump administration holds an anti-CBDC stance, unlike Europe, where the ECB is actively developing a digital euro to counter dollar-stablecoin dominance. * Senate votes begin this week, with a House floor vote expected after June 23. **Leaders of the Senate Banking and House Financial Services committees have announced a bicameral agreement on the 21st Century ROAD to Housing Act that includes a provision prohibiting the Federal Reserve from issuing a central bank digital currency (CBDC) until at least 2030.** The restriction widens the policy gap between Washington and the European Central Bank, which is actively building a digital euro. lawmakers have agreed to ban the Federal Reserve from creating a central bank digital currency (CBDC) or anything similar to one, either directly or through financial intermediaries, as part of a larger housing bill called the [21st Century ROAD to Housing Act](https://bankingjournal.aba.com/2026/06/senate-house-committee-leaders-reach-agreement-on-housing-bill/). The restriction will last until December 31, 2030. Lawmakers added the CBDC ban to the housing bill after the Senate passed its version in March and the House passed its version in May. Senate Banking Chair Tim Scott negotiated with ranking member Elizabeth Warren and coordinated with House Financial Services members on both sides of the aisle before reaching this new agreement. President Donald Trump [issued an executive order](https://www.whitehouse.gov/presidential-actions/2025/01/strengthening-american-leadership-in-digital-financial-technology/) in January 2025, instructing federal agencies to stop work on government-controlled digital money. The Senate is expected to hold procedural votes this week, and a House vote is planned after June 23. Crypto Insight Analysis: Direction: Bearish BTC / Neutral ETH Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: US CBDC ban signals regulatory uncertainty for crypto, but impact is limited as market already prices in CBDC skepticism.