U.S. housing bill with CBDC ban through 2030 heads to Trump for signing Monday

U.S. housing bill with CBDC ban through 2030 heads to Trump for signing Monday

House Speaker Mike Johnson said the measure includes a temporary ban on a U.S. central bank digital currency and is expected to become law after Trump previously refused to sign a related bill on June 24.

TRUMP

Summary

A U.S. housing bill that includes a temporary ban on a CBDC (central bank digital currency) until 2030 is set to be sent to Trump on Monday for his signature, House Speaker Mike Johnson said, according to Cointelegraph. The development follows a June 24 report that Trump had refused to sign a bill containing a U.S. CBDC ban while pressing for movement on election legislation. The inclusion of the restriction in a broader housing package suggests the issue remains active in Washington and could shape how the United States approaches any future government-issued digital dollar.

Terms & Concepts
  • CBDC: Central bank digital currency
  • digital dollar: Potential U.S. government-issued digital currency