Congressional leaders have explicitly outlawed a Federal Reserve CBDC until at least 2030, embedding the ban inside major housing legislation. The move revives stalled anti-surveillance efforts and prohibits institutional investors from buying single-family rental homes. This gives lawmakers a tangible policy win ahead of the midterms.
"Congressional leaders reached a deal on a major housing bill that doubles as a crypto policy shift."
- Bitcoin And | Bitcoin & Economic News
In Europe, a parallel regulatory clampdown is underway, but the threat is perceived differently. European Central Bank President Christine Lagarde argues that dollar-pegged stablecoins, with a $317 billion market cap, are stripping the Euro of its international influence and weakening monetary policy. The International Monetary Fund reports Nigeria saw $59 billion in crypto inflows in a single year, a trend of digital dollarization that bypasses national controls.
Meanwhile, a structural shift in infrastructure is underway. Bitcoin miners like Marathon Digital and Core Scientific are pivoting their massive, pre-secured electricity contracts to power the AI boom. With data center power demand expected to double by 2027, their remote substations and cheap energy deals are becoming foundational assets for AI hyperscalers.
Legislative action has stalled the U.S. central bank's digital ambitions, while legacy finance scrambles to catch up to a digital dollar dominance it can't control.
