A planned signing of the 21st Century ROAD to Housing Act has been canceled, delaying a measure that would have shaped US digital currency policy. The legislation contained a provision prohibiting the Federal Reserve from issuing or creating a central bank digital currency until 2030, reflecting ongoing political opposition to government-controlled digital money. The bill carved out an exemption for certain stablecoins, allowing privately issued tokens to continue operating while restricting a federal CBDC. The cancellation leaves the proposed ban in limbo, with the broader housing legislation and its crypto-related provisions awaiting further action. The outcome is significant for digital asset policy, as a CBDC ban has been a priority for some lawmakers and industry groups wary of state surveillance. The timing and reasons behind the canceled signing remain a focus for observers tracking US crypto regulation.
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