Crypto news

Starting July 11, an unprecedented restriction comes into effect in the United States: a legally mandated four-year ban on the issuance of a digital dollar (CBDC). This provision is included in a bipartisan housing affordability bill and will remain in effect until the end of 2030. Notably, President Donald Trump did not sign the document but also did not veto it — thus, according to constitutional procedure, the law came into force automatically.

Political Compromise or Strategic Pause?

The decision to block the launch of a central bank digital currency (CBDC) at the federal level is not merely a technical delay but a powerful political signal. The inclusion of the ban in a housing bill indicates that the administration and Congress view CBDC as a potential threat to financial privacy and market competition. Trump's refusal to sign, without a veto, is essentially tacit consent to the restrictions, albeit without public support.

Impact on the Crypto Industry

For the cryptocurrency market, this move has dual implications. On one hand, the absence of a government-issued digital dollar for the next four years reduces the risk of direct competition for stablecoins such as USDT or USDC. On the other hand, it creates legal uncertainty: the ban could be extended or, conversely, lifted with a change in political direction. Investors should note that the U.S. is temporarily forgoing a monopoly on digital payments, giving additional momentum to private blockchain projects.

Expert Perspective

As an analyst, I view this decision as a tactical pause rather than a final rejection of CBDC. The American financial system is too tied to the dollar to completely ignore digital formats. However, the four-year moratorium sends a clear signal to the market: Washington is not yet ready to sacrifice privacy and decentralization for state control. For the crypto community, this is a window of opportunity, but one should not overlook the potential risks of a return to the CBDC idea after 2030.