TLDR
- The 21st Century ROAD to Housing Act became law on July 11 without President Trump signing it
- The bill bans the Federal Reserve from issuing a CBDC until December 31, 2030
- Trump refused to sign it, demanding Congress pass the SAVE America Act first
- The bill passed the Senate 85-5 and the House 358-32 with bipartisan support
- Questions are now being raised about whether the crypto market structure bill could face a similar fate
The United States now has a law banning central bank digital currencies, and it happened without the president lifting a pen.
The CBDC debate in America is over for now, guys.
The ban becomes law through 2030 without Trump ever signing the bill.
The digital dollar just hit its biggest setback yet. pic.twitter.com/gBGWkvW5PD
— Kyle Chassé 🐸 (@Kylechasse) July 11, 2026
The 21st Century ROAD to Housing Act became law on Saturday, July 11, after President Donald Trump let the 10-day constitutional deadline pass without signing or vetoing it.
Trump made his position clear on Friday morning. In a Truth Social post, he said he would not sign the housing bill in protest over the Senate’s failure to pass the SAVE America Act, a voting bill that would require proof of citizenship to register to vote.
“I will not sign the Housing Bill,” Trump wrote, calling Republicans who voted for it “dumb.”
Under the US Constitution, a president can sign a bill, veto it, or do nothing. If 10 days pass — excluding Sundays — without action, the bill automatically becomes law.
What the CBDC Ban Actually Says
Buried inside the housing legislation is a provision that bars the Federal Reserve from issuing or creating a CBDC, or any digital asset “substantially similar,” until December 31, 2030.
The Federal Reserve had already said it would not issue a CBDC without explicit approval from Congress. But the new law takes that a step further by formally blocking it for the next four years.
The housing bill was widely seen as bipartisan. It passed the Senate 85-5 and the House 358-32 last month. Many analysts saw the CBDC ban as a political add-on designed to win Republican votes.
Senator Elizabeth Warren, who co-sponsored the bill, responded to Trump’s refusal to sign it. “He’s refusing to sign the biggest housing bill in 30 years,” she said. “The good news: it’s going to become law anyway.”
What This Means for Crypto Regulation
Trump’s inaction is now raising questions about other digital asset legislation moving through Congress.
The Digital Asset Market Clarity Act, known as the CLARITY Act, has passed the House and cleared two Senate committees. Republican leaders expected a full Senate floor vote in July.
But Trump’s refusal to engage with legislation not tied to his priorities has prompted concern about whether the CLARITY Act could stall in a similar way.
Trump’s ties to the crypto industry add another layer of complexity. He reported earning more than $1.4 billion from crypto ventures in 2025, including memecoins and the family’s World Liberty Financial platform.
The CBDC ban is now the law of the land. Whether the broader crypto market structure bill can make it through without a similar standoff remains to be seen.
