Why does the 21st Century ROAD to Housing Act include a CBDC ban?

The 21st Century ROAD to Housing Act includes a provision preventing the US Federal Reserve from issuing or creating a central bank digital currency, or a substantially similar digital asset, until the end of 2030. The restriction was included as part of the broader bipartisan housing legislation.

What options does President Donald Trump have for the housing bill?

President Donald Trump has up to 10 days, excluding Sundays, to sign the 21st Century ROAD to Housing Act, veto it or allow it to become law without his signature under the US Constitution. If he vetoes the bill, Congress can override the decision with a two-thirds majority in both chambers.

What does the CBDC provision mean for the Federal Reserve?

The Federal Reserve would be prohibited from issuing or creating a central bank digital currency, or any substantially similar digital asset, until 2030 if the 21st Century ROAD to Housing Act becomes law. The restriction would remain in place unless Congress amends the legislation.

How does the housing bill relate to the Digital Asset Market Clarity Act?

The 21st Century ROAD to Housing Act is separate from the Digital Asset Market Clarity (CLARITY) Act, which the Senate is expected to consider after lawmakers return on 13 July. Congress has about four weeks before its next state work period to debate the crypto market structure legislation.

Why did President Donald Trump delay signing the housing bill?

President Donald Trump said he wanted Congress to prioritise the SAVE America Act, which would require proof of US citizenship for voter registration. He cancelled the planned signing ceremony for the housing bill while lawmakers continued debating other legislative priorities.

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Trump weighs housing bill with CBDC ban

Written by Mahathir BayenaPublished Jun 30, 2026, 2:30 AM

US President Donald Trump has up to 10 days to decide whether to sign housing legislation that includes a ban on a US central bank digital currency until 2030.
The bipartisan bill prohibits the Federal Reserve from issuing or creating a CBDC or a substantially similar digital asset before the end of 2030.
The decision comes as Congress prepares to consider separate cryptocurrency market structure legislation later in July.

The 21st Century ROAD to Housing Act has been sent to US President Donald Trump, giving him up to 10 days to sign, veto or allow the bill to become law without his signature, including a provision banning the Federal Reserve from issuing a central bank digital currency until the end of 2030.

The bipartisan legislation passed the House of Representatives last week and includes language preventing the Federal Reserve from issuing or creating a CBDC or any substantially similar digital asset before the ban expires.

“We should be celebrating a bipartisan housing law,” said Senator Elizabeth Warren.

Trump cancelled a planned signing ceremony after saying Congress should prioritise passing the SAVE America Act, which would require proof of US citizenship for voter registration, although Congress could override a presidential veto with a two-thirds majority in both chambers.

The Senate is expected to return on 13 July, leaving about four weeks to consider the Digital Asset Market Clarity (CLARITY) Act, and there was no immediate market reaction following the bill's transmission to the White House.

The housing legislation received support from both Democratic and Republican lawmakers, with the CBDC restriction included as part of broader negotiations on the bill.

The outcome could influence the direction of US digital asset policy as lawmakers continue debating cryptocurrency market structure, stablecoin regulation and the role of a potential US central bank digital currency.