{"id":74698,"date":"2026-06-29T08:25:48","date_gmt":"2026-06-29T08:25:48","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/trump-holds-up-cbdc-ban-through-2030-as-he-demands-a-voter-id-law\/"},"modified":"2026-06-29T08:25:48","modified_gmt":"2026-06-29T08:25:48","slug":"trump-holds-up-cbdc-ban-through-2030-as-he-demands-a-voter-id-law","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/trump-holds-up-cbdc-ban-through-2030-as-he-demands-a-voter-id-law\/","title":{"rendered":"Trump Holds Up CBDC Ban Through 2030 as He Demands a Voter-ID Law"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight:400\"><\/p>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The Fed CBDC ban cleared Congress 85-5 in the Senate and 358-32 in the House, both veto-proof margins.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Trump is withholding his signature, demanding a voter-citizenship bill the Senate blocked 48-50 on June 4.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The ban would still likely become law within days, locking out a US digital dollar until Dec. 31, 2030.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><\/span><\/p>\n<h2><span style=\"font-weight:400\">A Bipartisan Ban Caught in a Standoff<\/span><\/h2>\n<p><span style=\"font-weight:400\">The 21st Century ROAD to Housing Act passed both chambers of Congress with overwhelming bipartisan support, carrying a four-year prohibition on a Federal Reserve digital dollar. The Senate cleared the package in an <\/span><a href=\"https:\/\/news.bitcoin.com\/senate-passes-fed-cbdc-ban-2030\/\"><span style=\"font-weight:400\">85-5 vote<\/span><\/a><span style=\"font-weight:400\"> on June 22, and the House of Representatives followed with a <\/span><span style=\"font-weight:400\">358-32 vote<\/span><span style=\"font-weight:400\">, sending the bill to the president\u2019s desk. Yet Trump declined to sign it on schedule, <\/span><span style=\"font-weight:400\">abruptly canceling<\/span><span style=\"font-weight:400\"> a planned signing ceremony.<\/span><\/p>\n<figure id=\"attachment_827082\" aria-describedby=\"caption-attachment-827082\" style=\"width:1222px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-827082\" class=\"wp-caption-text\">Image source: X<\/figcaption><\/figure>\n<p><span style=\"font-weight:400\">The reason is not the digital-dollar language, which the White House supports, but a piece of unrelated legislation. Trump has said he will not sign the housing bill until Congress sends him a separate measure requiring <\/span><a href=\"https:\/\/www.cnn.com\/2026\/06\/26\/politics\/video\/trump-refuses-to-sign-housing-bill-says-gop-remains-well-unified-digvid\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">proof of citizenship<\/span><\/a><span style=\"font-weight:400\"> to register to vote.<\/span><\/p>\n<p><span style=\"font-weight:400\">Trump has framed the impasse as a matter of party discipline rather than disagreement over the <span>CBDC<\/span> provision. He told reporters the Republican party remains \u201cwell-unified,\u201d even as he refuses to stage a signing ceremony until lawmakers act on the voter measure.<\/span><\/p>\n<figure id=\"attachment_827079\" aria-describedby=\"caption-attachment-827079\" style=\"width:804px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-827079\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/trump-holds-up-cbdc-ban-through-2030-as-he-demands-a-voter-id-law_nwmk.png\" alt=\"The housing bill (which includes a temporary CBDC ban) which is being sent to Trump\" width=\"804\" height=\"1049\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/trump-holds-up-cbdc-ban-through-2030-as-he-demands-a-voter-id-law_nwmk-230x300.png 230w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/trump-holds-up-cbdc-ban-through-2030-as-he-demands-a-voter-id-law_nwmk-785x1024.png 785w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/trump-holds-up-cbdc-ban-through-2030-as-he-demands-a-voter-id-law_nwmk-768x1002.png 768w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/trump-holds-up-cbdc-ban-through-2030-as-he-demands-a-voter-id-law_nwmk-696x908.png 696w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/trump-holds-up-cbdc-ban-through-2030-as-he-demands-a-voter-id-law_nwmk.png 804w\" sizes=\"auto, (max-width: 804px) 100vw, 804px\"\/><figcaption id=\"caption-attachment-827079\" class=\"wp-caption-text\">The housing bill (which includes a temporary <span>CBDC<\/span> ban through 2030) is being sent to Trump for final approval.<\/figcaption><\/figure>\n<p><span style=\"font-weight:400\">The <span>CBDC<\/span> provision itself bars the Board of Governors of the Federal Reserve System, or any Federal Reserve bank, from issuing, creating, or circulating a central bank digital currency (directly or through any intermediary) through December 31, 2030. <\/span><\/p>\n<p><span style=\"font-weight:400\">A central bank digital currency is a government-issued digital form of a nation\u2019s money. The bill carves out an explicit exemption for private dollar-denominated <span>stablecoins<\/span> that are \u201copen, permissionless, and private,\u201d shielding tokens issued by companies such as Circle and Tether from the ban.<\/span><\/p>\n<h2><span style=\"font-weight:400\">The Voter-ID Demand<\/span><\/h2>\n<p><span style=\"font-weight:400\">The legislation Trump is holding out for is the Safeguarding American Voter Eligibility Act, which would require documentary proof of citizenship to register for federal elections. That bill failed its most recent Senate vote on June 4, <\/span><span style=\"font-weight:400\">falling 48-50<\/span><span style=\"font-weight:400\">, with four Republicans (Senators Susan Collins, Lisa Murkowski, Mitch McConnell, and Thom Tillis) joining every Democrat to block it. Senate Majority Leader John Thune has since signaled he is unlikely to bring it back to the floor this session, leaving the standoff without an obvious resolution.<\/span><\/p>\n<p><span style=\"font-weight:400\">The delay has drawn criticism from both sides of the aisle. Democrats have accused the president of holding popular housing relief hostage to an unrelated partisan priority, while Republican leaders have urged patience and insisted the party remains united.<\/span><\/p>\n<h2><span style=\"font-weight:400\">Why the Ban Still Looks Likely<\/span><\/h2>\n<p><span style=\"font-weight:400\">Trump laid the groundwork for the prohibition in January 2025, when he signed an executive order barring his administration from any work on a retail digital dollar. He warned at the time that a government-run digital currency would threaten \u201cthe stability of the financial system, individual privacy, and the sovereignty of the United States.\u201d <span>Crypto<\/span> advocates have long argued that a Fed <span>CBDC<\/span> could enable government surveillance of transactions, and the industry has lobbied to write the ban into law.<\/span><\/p>\n<p><span style=\"font-weight:400\">Because the housing package passed both chambers with margins well beyond the two-thirds threshold needed to override a veto, the ban is widely expected to become law in the coming days regardless of whether Trump stages a signing event. <span>Bitcoin.com<\/span> News reported earlier that the Senate adopted the four-year ban in its 85-5 vote, a result the digital-asset industry hailed as one of its clearest legislative wins of the year.<\/span><\/p>\n<p><span style=\"font-weight:400\">The push to block a US digital dollar comes as <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoins<\/a>, privately issued tokens pegged to the dollar, have become a central battleground in Washington. Lawmakers passed the <\/span><a href=\"https:\/\/news.bitcoin.com\/circle-urges-occ-to-finalize-strong-genius-act-stablecoin-rules\/\"><span style=\"font-weight:400\">GENIUS Act in July 2025<\/span><\/a><span style=\"font-weight:400\"> to regulate payment <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoins<\/a>, and six federal agencies are racing to finalize the rules by a July 18, 2026 deadline. By drawing a hard line against a state-issued <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-central-bank-digital-currencies\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">CBDC<\/a> while leaving room for private <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoins<\/a>, the housing bill reflects the approach U.S. policymakers have increasingly favored: let the private sector issue digital dollars under federal supervision, and keep the central bank out of retail money.<\/span><\/p>\n<p><span style=\"font-weight:400\">Internationally, the U.S. stance runs against the grain. More than 130 countries representing the bulk of global gross domestic product (GDP) have explored central bank digital currencies, and several (including China with its digital yuan) have moved to pilot or launch them. A four-year U.S. ban would leave the world\u2019s largest economy on the sidelines of a technology its main geopolitical rivals are actively deploying.<\/span><\/p>\n<p><span style=\"font-weight:400\">The next step is whether Trump relents, Congress revisits the voter bill, or the housing package becomes law without a presidential signature once the constitutional clock runs out. Either way, a U.S. central bank digital currency would remain off the table until the end of the decade.<\/span><\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/trump-holds-up-cbdc-ban-through-2030-as-he-demands-a-voter-id-law\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways The Fed CBDC ban cleared Congress 85-5 in the Senate and 358-32 in the House, both veto-proof margins. Trump is withholding his signature, demanding a voter-citizenship bill the Senate blocked 48-50 on June 4. The ban would still likely become law within days, locking out a [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":74699,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74698"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=74698"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74698\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/74699"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=74698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=74698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=74698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}