The post Trump Refuses to Sign Housing Bill Banning CBDC in Protest Over SAVE America Act appeared on BitcoinEthereumNews.com.
President Donald Trump has said that he will not sign the housing bill, the 21st Century ROAD to Housing Act, as the Senate has failed to pass the Save America Act, which he continues to push for. The 21st Century ROAD to Housing Act notably includes a CBDC and is still on course to become law despite the president’s refusal to sign the bill. Trump Says He Won’t Sign Housing Bill In a Truth Social post, the president said he would not sign the housing bill, which Congress passed last month and sent to the White House. He explained that he was doing this in protest over the fact that the Senate is not capable of passing the Save America Act, despite it polling at 97% among the Republican Party. As CoinGape reported earlier, President Trump delayed signing the bill last month. Back then, he said he wouldn’t sign it until Congress passed the “desperately needed” S
The post Trump’s Controversial Qatari Jet Grounded Over Security Fears appeared on BitcoinEthereumNews.com.
Topline The White House grounded President Donald Trump’s new Air Force One jet gifted by Qatar earlier this week amid concerns it lacks proper security capabilities, according to multiple reports, though the White House insists the new plane has “high-level security protocols.” Some experts have questioned whether the new, Qatari-gifted Air Force One has all the proper security protocols. (Photo by SAUL LOEB / AFP via Getty Images) AFP via Getty Images Key Facts Trump departed Turkey earlier this week on the older Air Force One jet because of security concerns, the Wall Street Journal and MS NOW have reported, with the Journal reporting officials made the switch after the United States received intelligence from Israel that Iran was plotting to assassinate Trump. Steven Cheung, White House communications director, told Forbes the jet gifted to Trump by Qatar last year has been “
The post Bitcoin Gains Ground as US CBDC Ban Becomes Law Through 2030 appeared on BitcoinEthereumNews.com.
Crypto News The United States is enacting its first-ever ban on a central bank digital currency, as the 21st Century ROAD to Housing Act automatically becomes law at midnight without President Donald Trump’s signature. Under the Constitution, a bill approved by Congress takes effect after 10 days on the president’s desk while lawmakers remain in session, even absent a signature or veto. Trump confirmed he would not sign the measure, yet took no formal action to block it before the deadline. Tucked inside the housing-affordability package is a provision barring the Federal Reserve from issuing a digital dollar, a long-standing priority for the crypto sector and privacy advocates. The restriction prohibits the Federal Reserve from creating a CBDC — or any digital asset that is substantially similar — through Dec. 31, 2030, a window of roughly four and a half years. The bill text def
The post US CBDC Ban to Go into Effect without Trump Signoff on Housing Bill appeared on BitcoinEthereumNews.com.
A bipartisan housing bill containing a ban on a central bank digital currency (CBDC) in the United States is set to become law as the deadline approaches for President Donald Trump to sign it. Just after midnight on Friday, the 21st Century ROAD to Housing Act will have been in Trump’s hands for 10 days, excluding Sundays, the maximum amount of time a bill can be on the president’s desk without a veto or a signature. Under the US Constitution, the legislation will automatically become law without action from Trump, who canceled the signing ceremony for the bill on Jun 24. In a Friday social media post, Trump confirmed that he would not sign the housing bill, calling Republicans in Congress who voted on the legislation “dumb” and urging the Senate to instead prioritize a controversial voting bill, the SAVE America Act. The legislation, which would require people to provide p
Donald Trump confirmed on social media that he would not sign the 21st Century ROAD to Housing Act, which includes a ban on a US CBDC until the end of 2030, setting the stage for the bill to become law on Saturday.
The post Trump Says U.S., Iran to Continue Talks Despite Ceasefire Ending, Bitcoin Extends Gains appeared on BitcoinEthereumNews.com.
U.S. President Donald Trump has revealed that U.S.-Iran talks will continue after a request from Iran. Bitcoin extended its gains amid this development, breaking above the psychological $64,000 level. Trump Gives Update On U.S.-Iran Talks, Bitcoin Extends Gains In a Truth Social post, the president said that Iran has asked the U.S. to continue talks and that they have agreed to do so. However, he added that the U.S. has said to Iran that the ceasefire is over even as talks continue. This follows an earlier report of President Trump’s statement that Iran wants to make a deal “so badly.” Bitcoin has extended its gains amid the president’s latest statement about U.S.-Iran talks set to continue. The leading crypto is currently trading at around $64,100, up almost 2% from an intraday low of around $62,000, according to TradingView data. BTC notably dropped be
The post Trump refuses housing bill as CBDC ban moves toward becoming law appeared on BitcoinEthereumNews.com.
President Donald Trump has refused to sign the 21st Century ROAD to Housing Act, even as the bill containing a provision blocking a U.S. central bank digital currency through 2031 has remained on course to become law. Summary Trump has refused to sign the 21st Century ROAD to Housing Act over the Senate’s failure to pass the Save America Act. The housing bill is still expected to become law because the White House has confirmed Trump will not veto it. The legislation would bar the Federal Reserve from issuing a U.S. CBDC until 2031 if it takes effect. According to a Truth Social post by President Trump, he decided not to sign the housing bill because the Senate has yet to pass the Save America Act, which he has repeatedly urged lawmakers to approve. Congress passed the housing legislation last month and sent it to the White House, but Trump argued that he would withhold his si
President Donald Trump has refused to sign the 21st Century ROAD to Housing Act, even as the bill containing a provision blocking a U.S. central bank digital currency through 2031 has remained on course to become law. According to a…
The post British Pound holds firm as Trump ceasefire shock tests USD appeared on BitcoinEthereumNews.com.
The Pound Sterling (GBP) holds firm on Friday during the North American session as risk appetite deteriorated after US President Donald Trump posted on social media that the ceasefire with Iran is over, even though negotiations continue. At the time of writing, the GBP/USD pair trades at 1.3406, unchanged, after reaching an almost one-month high of 1.3451 earlier in the day. GBP/USD steadies as geopolitics, Fed minutes and UK politics collide This week, GBP/USD is poised to finish with gains of over 0.58% following the resumption of hostilities in the Middle East. The end of the ceasefire between the US and Iran could bolster the Greenback even though both countries are set to continue negotiations next week in Switzerland. In the meantime, the Fed’s meeting minutes showed that officials favored further tightening but supported holding rates, as they assess incoming data. Data-wise
