The bipartisan housing bill in the U.S. Senate Banking Committee, the "21st Century ROAD to Housing Act," includes a temporary ban on CBDC. It stipulates that, except in certain circumstances, the Federal Reserve Board or regional Federal Reserve Banks shall not directly or indirectly issue, create, or facilitate the issuance of central bank digital currencies (CBDC) or digital assets that are "substantially similar" to them through financial institutions or other intermediaries before December 31, 2030. The clause also provides an exception for private, permissionless, and fully cash privacy-protected "US dollar-denominated" digital currencies; reports indicate that the White House administrative policy statement has explicitly supported this clause. (CoinDesk)