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Regulation

Congress blocks introduction of any CBDC in the next 4 years – but the fight over digital money is just starting

Congress just blocked the Federal Reserve from issuing a CBDC, and the companies benefiting most are private stablecoin issuers like Circle and Tether. The 21st Century ROAD to Housing Act passed the Senate 85-5 on June

Originally on CryptoSlate →
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CryptoSlate

Contributor

Jun 28, 2026

1 min read

Photo illustration / STKR News

Congress just blocked the Federal Reserve from issuing a CBDC, and the companies benefiting most are private stablecoin issuers like Circle and Tether. The 21st Century ROAD to Housing Act passed the Senate 85-5 on June
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