Trump delays bill that would ban a US digital dollar until 2030

For crypto investors watching US policy, the immediate takeaway is delay, not a shift toward a central bank digital currency. President Donald Trump canceled plans to sign a housing bill that would temporarily bar the Federal Reserve from issuing a digital dollar through Dec. 31, 2030.

Trump still opposes a US CBDC. In January 2025, he ordered federal agencies to stop efforts to establish, issue, or promote one. But that order could be changed by a future president, which is why crypto advocates have wanted Congress to put the restriction into law. The housing package would do that, and would also block the Fed from issuing a substantially similar digital asset without congressional approval.

Trump said he is withholding his signature until Congress passes the SAVE America Act, an elections bill that would require voter ID and documentary proof of citizenship. The move surprised lawmakers because the housing bill had already passed the Senate 85-5 and the House 358-32.

The bill is still alive. It had not yet been formally sent to the White House when Trump canceled the ceremony, so the constitutional review period had not started. Once presented, Trump could sign it, veto it, or let it become law without his signature if Congress remains in session.