A housing bill provision blocking Federal Reserve CBDC issuance until 2030 takes effect despite Trump’s refusal to sign.
A provision barring the Federal Reserve from issuing a central bank digital currency (CBDC) or similar digital asset until December 31, 2030, will become law without President Trump’s signature. The measure was included in a bipartisan housing bill passed by Congress in June, seen by analysts as a concession to secure Republican support.
The ban was part of the largest housing legislation in 30 years, which cleared the House and Senate with broad backing. Trump’s decision not to sign the bill does not prevent its enactment, as Congress holds authority to override a veto or allow bills to become law without presidential approval.
Market participants are now watching the Digital Asset Market Clarity (CLARITY) Act, which has advanced through House and Senate committees. Lawmakers expect a full Senate vote in July, though Trump’s stance on digital asset regulation remains uncertain.