The U.S. Federal Reserve faces a new restriction after Congress approved the “21st Century Housing and Roads Act,” which bars the Fed from launching a digital dollar until 2030. The legislation combines extensive housing finance and transportation infrastructure measures with a decisive clause on central bank digital currencies. Lawmakers argue the delay protects financial privacy while reshaping the crypto landscape.
Legislative Package Overview
The act allocates billions of dollars toward affordable housing projects, road repairs, and public transit upgrades across the United States. Alongside these investments, the bill inserts a provision that explicitly prevents the Federal Reserve from issuing a central bank digital currency for the next decade. The measure reflects growing concerns among some legislators that a digital dollar could erode individual privacy rights.
Impact on the Crypto Market
Investors view the CBDC postponement as a boost for private‑sector stablecoins and other blockchain‑based payment solutions. By keeping the digital dollar off the market until 203