CBDC: Senator calls for permanent ban on housing reform


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US Senator Ted Cruz continues to campaign strongly against the US Central Bank’s digital currency (CBDC). In the latest development, the junior senator representing Texas called for a permanent ban on CBDC in the ROAD Act for the 21st Century to replace the initial short-term ban.

Senator Cruz opposes CBDC development in perpetuity

In an X post on March 6, freelance journalist Eleanor Terrett reports that Senator Cruz has made 2 amendments.Century 1 ROAD to the housing law that wants remove sunset provisions banning central bank digital currencies.

2The 1st Century ROAD Act is a bipartisan bill introduced in August 2026. whose purpose is to increase the supply of housing in the United States by reforming and stimulating the regions. However, the bill has a vehicle amendment by Senator Tim Scott and Senator Elizabeth Warren that proposes a sunset provision that would extend the ban on CBDCs until December 31, 2030.

Cruz moved to amend this section of the law and called for a more permanent ban. This development is in line with the Government Anti-CBDC Oversight Act of 2025, which seeks to prevent digital dollars issued by federal reserves from privacy and surveillance risks.

Meanwhile, Congresswoman Anna Paulina Luna also spoke out against the idea of ​​a temporary ban on CBDC in the Senate’s housing bill, calling for a permanent ban when the bill is sent to the US House of Representatives or a potential “bad” legislative conflict. It is interesting that the House of the United States joins at will State Anti-CBDC Control Act in narrow party vote 219-210.

Cruz, along with other critics, has consistently railed against CBDCs due to their potential to intrude on users’ privacy while increasing governance oversight and potential surveillance of citizens’ spending habits. Meanwhile, proponents of digital financial products have highlighted benefits such as financial inclusion, faster transaction speeds and lower costs.

For context, there are CBDCs a digital form the official fiat currency of a country (such as the US dollar, euro or naira) that is issued and supported directly by the country’s government central bank. More than 100 central banks around the world are currently investigating the benefits of this blockchain product. However, implementation is slow as 11 countries have launched CBDCs.

Crypto market overview

At the time of writing, the total crypto market is worth $2.33 trillion after a 3% gain in the last 24 hours. Meanwhile, the trade volume is 91.26 billion dollars.

CBDC
The total trading volume of the crypto market is 2.3 trillion dollars on the daily chart | Source: TOTAL chart on Tradingview.com

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