US House eyes quick CBDC ban via market structure bill
The post US House eyes quick CBDC ban via market structure bill appeared on BitcoinEthereumNews.com.
The US House of Representatives is quickly advancing a ban on central bank digital currencies (CBDCs) by embedding it into a broader digital asset market structure bill. The measure would block the Federal Reserve from creating or distributing a digital dollar before any such system is formally authorized. The proposal, known as the Anti-CBDC Surveillance State Act and sponsored by House Majority Whip Tom Emmer (R-MN), already cleared the House in July. Lawmakers aim to fold it into the Digital Asset Market Clarity Act, the chamber’s flagship market structure legislation. The proposal emerged in a draft agenda from the House Rules Committee that seemingly would force the CBDC ban to be included in market structure legislation via an “engrossment.” That is, rather than play out in a standalone law, the ban would find its way into the final version of the market structure bill before it heads to the Senate. This will speed passage, lawmakers say. The standalone digital dollar legislation faced challenging margins, and packaging it within a broader digital assets package could give senators more ammunition to fend off objections. The bill is designed not only to bring clarity to the respective roles of the Securities and Exchange Commission and the Commodity Futures Trading Commission but also to establish rules about trading, custody, and issuance for digital assets. With the CBDC ban folded in, it now sits squarely at the center of the U.S. crypto regulatory debate — especially in Discord circles. Lawmakers drive CBDC ban across several bills The CBDC ban is not just in the market structure bill, with lawmakers opting to push it through the once-a-year defense policy bill, which is commonly referred to as the National Defense Authorization Act (NDAA). The NDAA is one of the must-pass pieces of legislation, establishing the Pentagon’s budget…
Filed under: News - @ September 17, 2025 1:27 am