Congress just fused crypto policy with housing reform, blocking the Federal Reserve from issuing a central bank digital currency for the next five years. The ban is tucked into legislation that also aims to curb corporate landlords by preventing hedge funds and institutional investors from buying single-family homes for rentals.
On Bitcoin And, the show reported the deal effectively revives Representative Tom Emmer’s anti-CBDC surveillance efforts, which stalled in the Senate last year. Republicans are pushing for a quick vote to secure a win ahead of the November midterms.
“Congressional leaders reached a deal on a major housing bill that doubles as a crypto policy shift.”
- Bitcoin And
The 2030 expiration date creates a clear deadline. The Fed’s hands are legally untied after that, setting up the next political fight over digital money. Meanwhile, legacy institutions are watching the rise of private alternatives.
European Central Bank President Christine Lagarde warned that dollar-pegged stablecoins, now commanding $317 billion, are stripping the Euro of international influence and weakening policy transmission. The IMF reported a similar "digital dollarization" trend in Nigeria, with $59 billion in crypto inflows in a single year.
The legislative move halts a key monetary policy initiative and reflects growing political resistance to centralized digital currency projects, even as private alternatives accelerate.
