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Crypto

Trump delays signing housing bill with Fed digital dollar ban clause

U.S. President Donald Trump has abruptly put off signing a housing bill that includes a provision barring the Federal Reserve from issuing a digital dollar through 2030. While maintaining opposition to a Fed-issued CBDC, Trump linked action on the bill to passage of the SAVE America Act, an election measure requiring proof of citizenship for voter registration and photo ID for voting. The housing bill passed both chambers by veto-proof margins.

Crypto

Trump suddenly cancels signing of housing bill; US CBDC ban provision also on hold

U.S. President Donald Trump abruptly cancelled the signing of a bipartisan housing bill that included a provision barring the U.S. government from issuing a central bank digital currency through the end of 2030. Trump said the measure was not important and that he would not sign it until a separate voting-rights bill passes Congress. The housing bill had cleared the Senate 85-5 and the House 358-32, but the delay leaves the CBDC ban and related debate in uncertainty.