Housing Bill with CBDC Ban Sent to White House, Trump to Sign or Veto Within 10 Days

On June 30, House Speaker Mike Johnson on Monday formally sent the housing bill containing the CBDC ban (until 2030) to President Trump. Under U.S. legislative procedures, Trump now has about 10 days to decide whether to sign, veto, or shelve the bill.

The core provision of the housing bill includes a ban on the Federal Reserve from issuing a central bank digital currency (CBDC) before 2030, reflecting Congress's concerns over the potential risks that digital currencies may pose to the financial system and privacy protection.

If Trump signs the bill into law, it will restrict the Fed's development in the CBDC space before 2030, marking an important milestone in U.S. digital currency regulation. However, if he vetoes or shelves it, it will preserve policy space for the Fed to continue researching CBDCs.

The market is closely watching the housing bill—once signed into effect, it would directly halt the Fed's CBDC research and development process and suspend related pilot projects. This move could reshape the policy framework for the digital asset system of the U.S. dollar and affect subsequent compliance requirements and market access standards for stablecoins.

#CBDC禁令 #Housing Bill