House Passes Anti-CBDC Provision in NDAA, Restricting Federal Reserve’s Digital Currency Issuance

The U.S. House of Representatives has incorporated an “Anti-CBDC Surveillance Act” into the National Defense Authorization Act (NDAA), effectively preventing the Federal Reserve from issuing Central Bank Digital Currencies (CBDCs) directly to individuals. This action is a response to privacy concerns regarding potential state surveillance facilitated by CBDCs. The bill, championed by House Majority Whip Tom Emmer, passed with a tight margin of 219-210. 2025.