TD Cowen: Congress may be close to permanently banning the Federal Reserve from issuing CBDC

CycleProphet · 2026-03-11T00:56:07+00:00

Investment bank TD Cowen指出，美国 Congress may permanently ban the Federal Reserve from issuing digital dollars. This ban is expected to benefit stablecoin issuers but could become an obstacle to the passage of the new bill, the Clarity Act.

CycleProphet

2026-03-11 00:56:07

Abstract generation in progress

Deep Tide TechFlow News, March 11 — According to The Block, investment bank TD Cowen stated that the U.S. Congress may soon permanently ban the Federal Reserve from issuing a digital dollar. Jaret Seiberg, Managing Director of TD Cowen’s Washington research team, reported on Monday that the earliest housing bill to be submitted to the President next month is expected to include a ban on central bank cryptocurrencies, with a higher likelihood of a permanent ban than a temporary one. Seiberg said that this amendment mainly consolidates the Fed’s current stance, as the Federal Reserve has repeatedly stated that it has no plans to issue a digital dollar.

Seiberg believes that a permanent ban would benefit stablecoin issuers by removing concerns that the Fed’s digital dollar issuance could disrupt their business, but it could also become a new obstacle to the passage of the Clarity Act, as legislators might consider the industry sufficiently addressed after passing the GENUIS Act and CBDC bans.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes