House Speaker Mike Johnson sent President Donald Trump a housing bill that would bar the Federal Reserve from issuing or creating a US central bank digital currency until 2030. Trump has 10 days to decide on the legislation.
House Speaker Mike Johnson sent President Donald Trump a housing bill that would bar the Federal Reserve from issuing or creating a US central bank digital currency until 2030. Trump has 10 days to decide on the legislation.
The provision matters to the crypto ecosystem because it would place a temporary statutory restriction on the US central bank’s ability to develop a CBDC. Its inclusion also connects digital-asset policy to a broader housing measure.
House Speaker Mike Johnson transmitted a housing bill to President Donald Trump on Monday that includes a provision barring the Federal Reserve from issuing or creating a central bank digital currency until 2030. Trump now has 10 days to decide on the legislation.
The provision matters to the crypto ecosystem because it would place a temporary statutory restriction on the US central bank’s ability to develop a CBDC. Its inclusion also connects digital-asset policy to a broader housing measure.
A CBDC would be a digital form of central bank money issued by the Federal Reserve. Under the bill’s provision, the central bank could not issue or create such a currency before 2030.
The bill’s transmission puts the decision before Trump after congressional action. The immediate question is whether the housing legislation, including its CBDC restriction, will receive presidential approval.
Keep exploring
Bitget plans to exit the Japanese market and close all remaining positions by the end of the year. The move adds to ongoing shifts among crypto companies navigating Japan’s regulatory environment.
Read
CoinDesk’s State of Crypto coverage counts down recent developments shaping the crypto policy and market landscape. The report frames these changes as important for how companies and participants navigate the sector.
Read
Strategy said it is holding the dividend on its STRC preferred stock at 12%. The decision keeps the payout unchanged for investors in the company’s yield-focused security.
Read