In a significant regulatory development, the U.S. Congress has reached a housing bill deal that would block the Federal Reserve from issuing a Central Bank Digital Currency (CBDC) until 2030. This move comes as a surprise, as it delays the exploration of a U.S. CBDC, which was expected to keep pace with global competitors like China. The bill, however, spares private stablecoins from regulation, indicating a nuanced approach to cryptocurrencies.