US CBDC ban to go into effect without Trump signoff on housing bill
Key Takeaways
- President Donald Trump confirmed on social media that he will not sign the 21st Century ROAD to Housing Act, according to Cointelegraph, but the bill is still set to become law without his signature under the US Constitution’s rules on presidential inaction.
- The bill bars the Federal Reserve from issuing or creating a central bank digital currency, or any substantially similar digital asset, until December 31, 2030, Cointelegraph reported.
- Trump’s refusal to sign has raised questions, per Cointelegraph, about whether the Digital Asset Market Clarity (CLARITY) Act, now awaiting a Senate floor vote, could face a comparable standoff.
A Housing Bill Becomes Law Without the President’s Signature
According to Cointelegraph, the 21st Century ROAD to Housing Act is poised to become law just after midnight on Friday, once it has sat on President Trump’s desk for ten days, excluding Sundays, without a veto or signature. Under the US Constitution, that is the maximum window a president has to act on legislation passed by Congress before it takes effect automatically.
Cointelegraph noted that Trump had already canceled a planned signing ceremony for the bill on June 24, and in a Friday social media post he confirmed he would not sign it. He described Republicans in Congress who voted for the legislation as “dumb,” Cointelegraph reported, and urged the Senate to instead focus on a separate and contentious piece of legislation, the SAVE America Act, which would require in-person proof of US citizenship for voter registration and has drawn criticism over concerns it could disenfranchise eligible voters.
The housing bill itself passed both the House of Representatives and the Senate in June with bipartisan backing, according to Cointelegraph. Senator Elizabeth Warren, a co-sponsor of the legislation, responded to Trump’s stance by pointing out that despite his refusal to sign what she called the biggest housing bill in three decades, it would become law regardless, Cointelegraph reported.
Why the CBDC Ban Matters to Crypto Users
Tucked inside the broader housing legislation is a provision that Cointelegraph highlighted as significant for the digital asset space: language explicitly prohibiting the Federal Reserve from issuing or creating a central bank digital currency, or any digital asset substantially similar to one, through the end of 2030. For everyday crypto users, this means the debate over a potential US digital dollar is effectively paused for the rest of the decade, removing one source of regulatory uncertainty that some in the industry had worried about.
Cointelegraph reported that many analysts viewed the CBDC ban as a concession included to help secure Republican votes for the housing package, rather than a standalone policy priority. Notably, Trump’s own social media statement did not address the CBDC provision at all, focusing instead on his objections to the housing bill broadly and his push for the SAVE America Act. That silence leaves the digital dollar ban to take effect essentially as a byproduct of a larger legislative fight, rather than through any direct endorsement or rejection from the president.
For crypto holders and businesses, a multiyear moratorium on a Fed-issued digital currency offers a degree of predictability. It signals that, at least through 2030, the infrastructure and competitive landscape around a potential government-issued digital dollar will not be introduced, leaving the field to existing stablecoins and other private digital assets in the near term.
What This Means for the CLARITY Act and Broader Crypto Regulation
Cointelegraph pointed out that Trump had said in May he intended to “future-proof” digital asset regulation, yet his willingness to let the housing bill become law without his signature, over disagreements unrelated to crypto policy, has raised questions about how he might handle other pending digital asset legislation. Chief among these is the Digital Asset Market Clarity Act, which Cointelegraph described as one of the most consequential bills currently shaping digital asset regulation in the United States.
The CLARITY Act has already cleared the House of Representatives and two key Senate committees, according to Cointelegraph, with Republican leaders anticipating a full Senate floor vote in July after lawmakers return from state work periods on Monday. Cointelegraph also noted that Trump’s own financial ties to the crypto industry, including more than $1.4 billion in disclosed income from his crypto ventures in 2025, spanning memecoins and the family-linked World Liberty Financial platform, have already complicated negotiations between Democrats and Republicans over the market structure legislation.
For everyday users and investors watching the regulatory landscape, the housing bill episode offers a preview of how legislative gridlock and presidential priorities, rather than crypto policy substance alone, can shape the fate of bills that matter to the industry. Whether the CLARITY Act follows a similarly uncertain path through Congress and the White House remains to be seen, but the housing bill’s near-automatic enactment shows that legislation can become law even without direct presidential support, so long as Congress has already passed it and the constitutional clock runs out.
Hype Check
Claim: Trump’s refusal to sign the housing bill amounts to a deliberate rejection of the CBDC ban and signals uncertainty for crypto legislation generally. Reality: Cointelegraph reported that Trump’s objections centered on the housing bill and his preference for the SAVE America Act, not the CBDC provision, which he did not mention at all; the ban is set to become law regardless of his signature because of constitutional rules on unsigned bills. Verdict: Mixed. This is not financial advice.
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Researched with AI assistance, fact-checked and edited by a human. Not financial advice.