US CBDC Ban to Take Effect Until 2030 as Trump Declines to Sign Housing Bill

Key Facts

In a move that strengthens the position of private cryptocurrencies against state-backed alternatives, Donald Trump confirmed he will not sign the 21st Century ROAD to Housing Act, which includes a formal ban on a US Central Bank Digital Currency (CBDC) until the end of 2030. The bill is set to become law automatically this Saturday without the President's signature, effectively halting the development of a digital dollar under the Federal Reserve's authority for the remainder of the decade.

This ban arrives amid intensifying US political debate over financial privacy, with critics of CBDCs arguing that such instruments could grant the government unprecedented surveillance over citizen transactions. This legislative block places the US on a different trajectory compared to global peers like China, which has expanded its digital yuan trials, while other nations continue technical feasibility studies, according to research from the Bank for International Settlements (BIS).

With current market data for specific instruments unavailable at this time, investors are monitoring how this regulatory certainty impacts long-term sentiment in the broader crypto sector. Looking ahead, market participants will be watching for any central bank reactions during scheduled events, such as the speech by Fed Governor Waller on July 6, 2026, which may provide insight into the Fed's adjusted digital strategy.