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U.S. Bans Digital Dollar for Four Years | Bitcoin and Crypto News
Description
Congress just passed a sweeping housing bill that includes a four-year ban on the U.S. government launching its own digital dollar — a move that’s now law despite President Trump’s refusal to sign it, thanks to the constitutional rule that bills become law without a presidential signature after 10 days. The crypto world cheered, fearing government surveillance and competition, while Republicans quietly slipped the ban into the housing legislation. Though the Fed likely wouldn’t have rolled out a CBDC by 2030 anyway, the ban is a symbolic victory for digital finance skeptics — and a reminder that political theater can’t stop the machinery of law.
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