Articles
Crypto Market Analysis

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

User Image

Por Anônimo

Criado March 08, 2026|2 mins de leitura
Main Image

US lawmakers said any ban on issuing a US CBDC must “be permanent,” warning that creating one would be “inherently anti-American.”

A group of US lawmakers is uniting to prevent the US central bank from ever issuing a Central Bank Digital Currency (CBDC), warning that proposed legislation only delays it until 2031.

“We write to you to express the dire need to prohibit a Central Bank Digital Currency from ever happening in the United States,” US Congressman Michael Cloud wrote in a letter on Friday addressed to House Speaker Mike Johnson and US Senate majority leader John Thune, joined by 28 other members of Congress in support.

It follows a proposed amendment to the Federal Reserve Act that would bar the US central bank from issuing a CBDC until 2031. The amendment is part of the 300-page “21st Century ROAD to Housing Act” (HR 6644), which was released on Monday by the Senate Committee on Banking, Housing, and Urban Affairs.

However, Cloud and the other lawmakers argued that the temporary block isn’t strong enough to protect Americans.

“A prohibition of a Central Bank Digital Currency must be permanent,” the letter said, adding that CBDCs “would expose Americans to unconstitutional financial surveillance and give the unelected Federal Reserve unprecedented power over Americans’ finances that would violate their civil liberties and financial freedom.” 

“A CBDC is inherently anti-American and a looming issue we must put an end to before it is too late,” the letter said.

The lawmakers argued that the amendment “includes a watered-down version” of the “Anti-CBDC Surveillance State Act” (HR 1919), which was introduced in June 2025 by Congressman Tom Emmer.

The bill passed the House on July 17 but has yet to receive full Senate approval. 

Related: Trump’s National Cyber Strategy pledges to support crypto and blockchain

The letter pointed out that the amended bill does not prohibit the Federal Reserve from studying a CBDC. “The strong language of H.R.1919 must be restored,” the letter said.

A separate standalone bill, the No CBDC Act (S 464), was introduced by Senator Mike Lee in February 2025 to prohibit the Federal Reserve or Treasury from issuing a CBDC, but it stalled in Congress.

Magazine: The debate over Bitcoin’s four-year cycle is over: Benjamin Cowen

Source: CoinTelegraph


Outros artigos publicados recentemente

Monument Bank delays retail tokenized deposits, cites regulatory issues in the UK
Monument Bank delays retail tokenized deposits, cites regulatory issues in the UK

Crypto Market Analysis

The London-based challenger bank tapped a Canadian custodian to meet the Financial Conduct Authority...

Polymarket names former Amazon finance chief Warren Jenson as its first CFO
Polymarket names former Amazon finance chief Warren Jenson as its first CFO

Crypto Market Analysis

Jenson becomes the prediction market’s first CFO as Polymarket builds its regulated U.S. exchange ...

Europe’s top regulator questions Polymarket and Kalshi’s EU access, warns of authorization gaps
Europe’s top regulator questions Polymarket and Kalshi’s EU access, warns of authorization gaps

Casino

ESMA said that event contracts may fall under existing EU binary-options bans, crypto-asset framewor...

Why a new SEC plan could ease a legal headache for tokenized securities
Why a new SEC plan could ease a legal headache for tokenized securities

Crypto Market Analysis

The SEC's new proposal to overhaul transfer-agent rules could eliminate duplicate offchain sharehold...

New Clarity Act text tweaks DeFi, credit union provisions, but road ahead for bill remains murky
New Clarity Act text tweaks DeFi, credit union provisions, but road ahead for bill remains murky

DeFi

The Clarity Act needs 60 votes when the Senate returns from its recess next week. Republicans circul...

UK House of Lords backs mandatory digital asset strategy over Labour position
UK House of Lords backs mandatory digital asset strategy over Labour position

Crypto Market Analysis

The amendment would require the UK Treasury to develop a strategy covering cryptoassets, stablecoins...