Irshad 01

🚨 Major Turning Point in U.S. Cryptocurrency Regulation! 🇺🇸

With an overwhelming majority, the U.S. Congress has passed the “21st Century ROAD to Housing Act.” The House voted 358:32, and the Senate passed it with a commanding 85:5 margin. Although this is primarily a housing-policy bill, it includes an important provision: it prohibits the Federal Reserve from issuing a U.S. central bank digital currency (CBDC) to the public before the end of 2030.

The bill was originally expected to take effect after being formally signed by the President.

However, President Trump has temporarily canceled the signing ceremony and said: he will not sign this bill until after Congress passes the “SAVE America Act.”

The “SAVE America Act” is a standalone election law requiring voters in federal elections to provide proof that they are U.S. citizens, along with identification documents.

The issue is that this bill currently faces significant resistance in the Senate because it has not yet garnered enough support to clear the 60-vote threshold for overcoming a filibuster.

This has led to a rather intriguing situation.

Trump has repeatedly and publicly criticized CBDC, saying it could threaten Americans’ financial privacy and financial freedom. Yet now, a bill that includes CBDC restrictions has been put on hold due to another politically contentious issue related to elections.

Meanwhile, as the U.S. Congress is about to enter its summer recess, other key digital-asset legislation (including the CLARITY Act) is also under time pressure. If the political stalemate continues, the entire process of U.S. crypto regulatory reform could be pushed back even further.

💬 What do you think? Is this a necessary political strategy to protect the election system, or is cryptocurrency policy becoming a bargaining chip in a bigger political game?

#TrumpCancelsHousingBillWithCBDCBan