The United States Senate has passed a housing bill that includes a provision prohibiting the Federal Reserve from developing a Central Bank Digital Currency (CBDC) until 2031. The bill, which passed with an 89-10 vote, aims to prevent the Fed from launching any CBDC pilot programs without explicit congressional approval. This move is seen as a shift in policy towards digital assets, emphasizing reliance on private-sector innovation in stablecoins. The bill, part of the 21st Century ROAD to Housing Act, faces challenges in the House and lacks strong support from President Donald Trump, who has threatened to veto it unless the SAVE Act is passed. Despite these hurdles, Bitcoin's price surged 4% to $73,100 following the Senate vote, reflecting market optimism about the restriction on CBDCs. A decade-long moratorium on CBDCs could reshape the global financial landscape, allowing private stablecoins to dominate the digital dollar market. However, concerns remain about the US falling behind global competitors like China and Europe, who are advancing their digital currency projects.