🤯The president won’t sign, and the bill still takes effect! I’ll be damned, 🤣🤣🤣

The biggest news today: the earlier housing bill was submitted to Trump. Trump just pretended he didn’t see it—left 😂 it on the desk to air out for 10 days. As per Article 1, Section 7 of the U.S. Constitution: after a bill passed by Congress is sent to the White House, if the president doesn’t sign or veto it within 10 days, it automatically becomes law.

Last night at midnight, the countdown hit zero— the “21st Century Housing Development Act” officially took effect. 🐮

Why didn’t Trump sign?

Because he wanted Congress to first pass the “Save America Act.” But the Speaker of the House directly shot back: if you don’t sign it, the bill still becomes law. This time, Trump really got caught.

The key point is this: Article 1001 clearly states that the Federal Reserve is prohibited from issuing or creating a CBDC by December 31, 2030. Direct issuance is not allowed—nor is it allowed through intermediaries.

What does that mean?

In the next four-plus years, the path for official digital dollars in the U.S. has been completely blocked. The chair of the CFTC just recently said, “The U.S. will never launch a CBDC”—and now that line is written straight into law.
$BTC ‌

For people in our crypto circles, this is the real core—

With the CBDC ban now in place, it’s like the biggest competitor to private stablecoins has been pinned down by the authorities. USDC, USDT, and the like won’t face a direct hit from an “official version” coming out of the Federal Reserve. This is a positive medium- to long-term signal for the entire crypto ecosystem.

But don’t get too excited too soon—

The real main event is still coming. The “CLARITY Act” is the key to determining the direction of U.S. crypto regulation. This bill has already passed the House of Representatives, and the Senate is expected to move it forward to a full vote after it reconvenes on July 13. Recently, Galaxy Research lowered the passing probability from 60% to 50%—uncertainty is still there.

If CLARITY also passes, that’s when the actual regulatory framework is truly put in place. Ethereum on a tear, straight up

Let’s say something practical:

The CBDC ban is effectively locked until 2030, and the short-term tail risk of a “digital dollar going live” is basically eliminated. But the direction of the CLARITY Act is the key variable going forward—pay close attention to the Senate vote around August 7.
$ETH ‌

In terms of positioning, the advice is to stay flexible—policy uncertainty hasn’t been fully cleared yet. Don’t go all-in, and don’t go completely flat either—leaving yourself room to maneuver matters more than anything.
#GateUS合规扩展佛罗里达