U.S. Senate passes 21st Century ROAD to Housing Act 855, extending Fed CBDC ban through 2030

The U.S. Senate approved the 21st Century ROAD to Housing Act 855 late Monday, adding language that would bar the Federal Reserve from issuing a central bank digital currency through 2030. The measure also draws protections for private stablecoins, exempting any "open, permissionless, and private" U.S. dollar-denominated asset.