US President Donald Trump has a limited window to decide whether to sign a major bipartisan housing bill that also includes a temporary ban on a central bank digital currency, or CBDC.
House Speaker Mike Johnson sent the 21st Century ROAD to Housing Act to Trump’s desk on Monday, starting a constitutional 10-day timeline, excluding Sundays, for the president to sign, veto, or take no action on the legislation.
If Trump does nothing, the bill could still become law without his signature.
Housing Bill Includes CBDC Ban Until 2030
The 21st Century ROAD to Housing Act is mainly focused on improving housing affordability in the United States, but it also contains a key crypto-related provision.
The bill would bar the US Federal Reserve from issuing, creating, or developing a CBDC — or any digital asset that is substantially similar — through the end of 2030.
That provision has become a major point of interest for the crypto industry, digital asset policy watchers, and lawmakers who oppose a potential digital dollar.
For crypto supporters, the CBDC ban represents a temporary win against government-issued digital currency. For policymakers, it adds another layer to the broader debate around US crypto regulation, financial privacy, and the future role of the Federal Reserve in digital payments.
Trump Delays Signature as SAVE America Act Takes Priority
Although the housing bill passed Congress with strong bipartisan support, Trump has not committed to signing it immediately.
The president reportedly dismissed the legislation as a “big yawn” and sarcastically referred to the situation as a “big deal.” He also canceled a planned signing ceremony and said Republicans should focus instead on passing the SAVE America Act.
The SAVE America Act would require voters to provide proof of US citizenship in person when registering to vote. Critics argue that the measure could make voter registration more difficult for millions of people.
Trump previously said he would not sign other bills until the SAVE America Act moved forward, creating uncertainty around the housing package and the CBDC ban attached to it.
Bipartisan Support Keeps Bill Alive
Despite Trump’s delay, the housing bill has already cleared Congress with significant support from both parties.
Lawmakers from both sides have described the legislation as a step toward addressing housing affordability, expanding access to housing, and easing pressure on homebuyers and renters.
The bill was championed by Senator Elizabeth Warren, who supported the broader housing package despite the inclusion of the CBDC ban, a provision added to help attract Republican and White House support.
“We should be celebrating a bipartisan housing law,” Warren said Monday. “Instead, we have a call to action. Mr. President: sign the damn bill.”
Why the CBDC Ban Matters for Crypto
A central bank digital currency would be a government-issued digital version of the US dollar, controlled or issued by the Federal Reserve.
The idea has been debated for years, with supporters arguing that a CBDC could modernize payments and improve financial infrastructure. Opponents say it could create privacy risks, increase government oversight of transactions, and compete with private stablecoins.
By blocking the Federal Reserve from creating a CBDC until 2030, the bill would temporarily pause any federal move toward a US digital dollar.
This could strengthen the position of private-sector digital dollar alternatives, including stablecoins, while giving Congress more time to shape long-term rules for digital assets.
Senate Returns in July With Crypto Market Structure on Agenda
The timing also matters for broader crypto legislation.
The US Senate began a state work period on Friday, with lawmakers expected to return by July 13. Once back, the chamber is expected to face pressure to address the Digital Asset Market Clarity Act, also known as the CLARITY Act.
The CLARITY Act is designed to create clearer rules for the US crypto market, including how digital assets should be regulated and which agencies should oversee them.
Trump has signaled support for crypto market structure legislation, but his focus on the SAVE America Act has created uncertainty over the timing of other bills.
What Happens Next?
Trump now has three main options.
He can sign the housing bill, making both the housing measures and CBDC ban law. He can veto the bill, which would send it back to Congress. Or he can take no action, which may allow the bill to become law automatically after the 10-day window expires, excluding Sundays.
If Trump vetoes the bill, Congress could still override the veto with a two-thirds majority in both chambers.
For now, the housing bill remains a key political test for Trump — and a major moment for the future of CBDC policy, US crypto regulation, and the broader digital asset industry.
Key Takeaway
The 21st Century ROAD to Housing Act is more than a housing bill. It has become a major piece of crypto policy because of its temporary CBDC ban through 2030.
With the bill now on Trump’s desk, the next several days could determine whether the United States officially pauses any Federal Reserve digital dollar plans for the rest of the decade.
