Market NewsUS House Bans Fed from Issuing CBDC for 2026 Defence PoliciesThe House inserts a CBDC ban into the 1300-page NDAA, restricting the Fed from developing digital currency projects except for dollar-backed stablecoins. Written By:Manmit KahlonReviewed By:Gopal Solanky Last updated: 14 minutes ago Published 14 minutes ago Last updated: 14 minutes ago Published 14 minutes ago SHARE The US House of Representatives has inserted a provision in the comprehensive defense bill that will prohibit the Federal Reserve (Fed) from developing future Central Bank Digital Currency (CBDC) projects. The provisions have been made into the National Defense Authorization Act (NDAA) for the next fiscal year, 2026. The House Rules Committee did certain revisions in HR 3838, the House’s version of the 1300-page defense policy bill, on Wednesday. The changes include prohibiting the Fed from offering financial products or services directly to the public and sweeping ban from studying or creating state-backed digital currencies. The bill also restricts the central bank from testing, studying, or developing a digital currency, with the exception of dollar-denominated currencies and stablecoins. Republicans’ Stiff Views Against CBDCsThis step comes after House Republicans delayed debate on several crypto-related bills for over nine hours in July until a CBDC ban was secured in the defense bill. Previously, House Republicans had attempted to pass a CBDC ban in early 2023. House Representative and a member of the Republican party, Tom Emmer introduced the CBDC Anti-Surveillance State Act, but it failed to progress before the end of the previous Congress. In the current session, Emmer reintroduced the bill, and it has received support from House leaders who argue that it aligns with President Donald Trump’s executive order in January 2025, which effectively prohibited the development of CBDCs. Source: XThe House of Representatives passed the standalone CBDC ban bill in July by a narrow margin of 219–210, which is now scheduled to go through the Senate. Also Read: CFTC Launches Second Crypto Sprint to Implement Trump Plan Follow The Crypto Times on Google News to Stay Updated! TAGGED:United States Share This Article Facebook Whatsapp Whatsapp Telegram Copy Link By Manmit Kahlon Follow: Manmit Kaur Kahlon is a Content Writer and PR Executive with a growing focus on AI, branding, and industry storytelling. With a background in Fashion Technology and a certification in B2B Content Marketing Strategy from LinkedIn, she brings a unique perspective to content creation—merging creativity with strategy. With 2 years of experience, Manmit specializes in crafting engaging narratives across fashion merchandising, emerging tech, and digital communications. By Gopal Solanky Follow: Gopal Solanky is a Research Analyst and Writer with over 5 years of experience in DeFi, blockchain, crypto, IT, and financial markets. With a Bachelor’s in Computer Applications, he brings a strong technical foundation to his analysis and reporting. Gopal focuses on breaking down complex topics for both seasoned investors and curious readers. His work has been referenced by publications like Business Insider and Vulture.com, highlighting his contributions to industry stories around topics like Huwak Tuah Memecoin and the FTX collapse. Join Our NewsletterSubscribe to get latest crypto news!SubscribeBuilt with KitLatest News Kanye West’s YZY Meme Coin Boosts Meteora DEX Trading Volume to $1.18B CFTC Launches Second Crypto Sprint to Implement Trump Plan Top Reasons Why OKB Price Is Rising? Chainlink (LINK) Price Eyes $30 as Traders Watch $27 Breakout Hoichi’s Torii Gateway Connects 60+ Blockchains to ShibariumFind Us on Socials
