#cbdc News & Analysis

Senate Approves Temporary Federal Reserve CBDC Ban Through 2030

America’s CBDC Faces Ban Until 2031 Following Senate’s Latest Move

Senate Housing Bill Adds Temporary CBDC Ban Clause

The U.S. Senate passed the 21st Century ROAD to Housing Act with an 89-10 vote, which includes a temporary ban on Central Bank Digital Currency (CBDC) issuance by the Federal Reserve through 2031. The legislation combines housing policy with cryptocurrency regulation, preventing the Fed from launching a digital dollar during this period.

Congress sneaks CBDC into housing bill, economist warns 80% of voters opposed

Heritage Foundation economist Peter St. Onge warns that an 89-10 Senate housing bill quietly includes provisions for a temporary CBDC ban and affects the CLARITY Act's trajectory. The warning highlights that approximately 80% of voters oppose central bank digital currencies.

ECB Details Digital Euro Plan as Australia Eyes $24B Gains

The European Central Bank will publish Digital Euro technical standards by summer and begin a 12-month pilot program in late 2027, with potential full launch around 2029. Private banks will provide wallets while the ECB maintains core infrastructure, representing a significant step toward European CBDC implementation.

Australia eyes AU$24B gain as RBA pushes tokenization in markets

Australia's Reserve Bank (RBA) estimates that tokenization could generate AU$24 billion in annual economic gains for the country. The RBA is advancing tokenization initiatives by preparing a regulatory sandbox and expanding deposit token work across Australia.

European Central Bank Sets 2026 Deadline for Digital Euro Framework

The European Central Bank has established a 2026 deadline for completing the digital euro framework, with pilot testing scheduled for 2027 and a potential full launch by 2029. This timeline represents a significant step toward modernizing Europe's payment infrastructure through central bank digital currency implementation.

South Korean central bank embarks on crypto expert hiring spree

South Korea's central bank is accelerating the hiring of cryptocurrency experts to support its renewed central bank digital currency (CBDC) development plans. This signals the country's renewed commitment to advancing its digital currency infrastructure.

The six senators who voted against the March digital dollar ban: Johnson, Lee, Murphy, Scott, Tuberville, and Van Hollen

The U.S. Senate voted 84-6 on March 2 to invoke cloture on a motion to proceed with a digital dollar (CBDC) ban. Six senators opposed the measure: Johnson, Lee, Murphy, Scott, Tuberville, and Van Hollen, marking a significant legislative step toward restricting U.S. CBDC development.

Ripple Joins Mastercard to Ease CBDC Use

Ripple has partnered with Mastercard to facilitate the seamless integration and usage of Central Bank Digital Currencies (CBDCs) as a form of payment. This collaboration aims to bridge traditional payment infrastructure with emerging digital currency frameworks.

GENIUS Act turns stablecoins into tools of dollar dominance, not crypto rebels

The U.S. Senate's GENIUS Act is positioning stablecoins as extensions of the dollar system rather than independent crypto assets. This regulatory approach aims to bring digital dollars under formal regulatory oversight and integrate them into traditional financial infrastructure.

TD Cowen says Congress likely getting closer to permanently banning a Fed CBDC

TD Cowen believes Congress is moving closer to permanently banning a Federal Reserve Central Bank Digital Currency (CBDC). This potential ban would benefit stablecoin issuers but could complicate the passage of the Clarity Act.

Are US stablecoins just CBDCs in disguise? Look closely and the differences start to blur

The article argues that US stablecoins are becoming functionally similar to CBDCs despite Washington rejecting a retail Federal Reserve digital dollar. The emerging stablecoin regulatory framework enables government-like control through freeze, block, and hold functions across private dollar tokens.

US lawmakers warn temporary CBDC ban isn’t enough, demand ‘permanent’ block

US lawmakers are calling for a permanent ban on Central Bank Digital Currency (CBDC) issuance, arguing that temporary restrictions are insufficient. They characterize the creation of a US CBDC as fundamentally opposed to American values.

US lawmakers warn temporary CBDC ban isn’t enough, demand 'permanent' block

US lawmakers are demanding a permanent ban on central bank digital currencies (CBDCs), arguing that temporary restrictions are insufficient. They characterize the creation of a US CBDC as 'inherently anti-American' and are pushing for stronger legislative measures to block its development.

CBDC: Senator Pushes For Permanent Ban In Housing Act Amendment

US Senator Ted Cruz is pushing for a permanent ban on central bank digital currencies (CBDCs) through an amendment to the 21st Century ROAD to Housing Act. This represents an escalation from previous short-term prohibition efforts as Cruz continues his campaign against US CBDC development.

Bank of Canada, country’s largest banks complete first tokenized bond trial

The Bank of Canada and the country's largest banks have successfully completed their first tokenized bond trial under Project Samara. The initiative will continue testing the issuance, trading, and settlement of bonds using digital Canadian dollars on distributed ledger technology.

Zero-Knowledge Proof (ZKP) Authentication for Offline CBDC Payment System Using IoT Devices

Researchers propose a new offline CBDC payment system using IoT devices that integrates zero-knowledge proofs and secure elements for privacy-preserving transactions. The system addresses challenges of resource-constrained IoT devices while enabling secure digital payments without internet connectivity, particularly for underserved communities.

New Housing Bill Prevents Federal Reserve From Issuing CBDC— But Only Until 2030

A new US housing bill includes a provision that temporarily prevents the Federal Reserve from issuing a Central Bank Digital Currency (CBDC) to consumers until 2030. This represents a shift from previous strong opposition to CBDCs, suggesting a more moderate approach with a time-limited restriction rather than an outright ban.

U.S. Senate Pushes Housing Reform Bill With Surprise CBDC Ban

The U.S. Senate passed a housing reform bill with an overwhelming 84-6 vote that included an unexpected ban on Central Bank Digital Currencies (CBDCs). The broad bipartisan support indicates significant legislative momentum for both housing policy changes and restrictions on digital currency development.

Bank of Japan expands blockchain settlement sandbox and says CBDC efforts are ongoing

The Bank of Japan is expanding its blockchain settlement sandbox to test reserves settlement and explore tokenized central bank money. The BOJ continues its CBDC research efforts as it prepares for a 2026 decision on whether to issue a retail digital yen.

US Senate Tucks CBDC Ban Into Housing Bill, Sets 2030 Deadline

The US Senate has included a ban on Federal Reserve-issued central bank digital currencies (CBDCs) in a housing affordability bill, preventing the government from issuing digital dollars to Americans. The ban comes with a 2030 expiration date, making it a temporary but significant legislative move against CBDCs.

BOJ to conduct blockchain experiments for central bank reserve settlements

The Bank of Japan (BOJ) is launching blockchain experiments for central bank reserve settlements, potentially transforming global financial infrastructure. This initiative aims to enhance efficiency and trust in cross-border transactions through distributed ledger technology.

Bank of Japan testing blockchain settlement for bank deposits in new sandbox

The Bank of Japan is conducting blockchain settlement experiments for bank deposits through a new sandbox program. BOJ Governor Kazuo Ueda announced the tests will explore integration between blockchain systems and Japan's existing settlement infrastructure.

Bank of Japan to test blockchain-based reserve settlement: Governor Ueda

Bank of Japan Governor Kazuo Ueda announced that the central bank is conducting sandbox testing to evaluate the feasibility of operating central bank money within blockchain-based systems. This represents a significant step toward potential blockchain integration in Japan's monetary infrastructure.