The post US Digital Dollar Ban Enacted Amid Housing Bill Dispute appeared on BitcoinEthereumNews.com.
A US digital dollar ban just became one of the more unusual footnotes in American legislative history — buried inside a housing bill, signed by no one, and set to become law anyway. As of Friday night, the 21st Century ROAD to Housing Act takes effect automatically, carrying with it a four-year prohibition on the Federal Reserve issuing any form of central bank digital currency. Key takeaways A four-year ban on a U.S. CBDC is now embedded in the housing-affordability bill, blocking the Federal Reserve from issuing a digital dollar until the end of 2030. President Trump refused to sign the bill but did not veto it, so it becomes law automatically after a 10-day constitutional window. Republicans inserted the CBDC prohibition into unrelated housing legislation, not a standalone digital currency bill. The Federal Reserve had no active plans to issue a digital dollar before the ban, and ha
The post Marc Andreessen Takes Strategic Role in Federal Reserve’s AI Task Force appeared on BitcoinEthereumNews.com.
Marc Andreessen, a co-founder of the investment powerhouse Andreessen Horowitz, is set to take a prominent position in a new task force established by the Federal Reserve. This initiative focuses on assessing artificial intelligence’s role in shaping productivity and job markets. Continue Reading:Marc Andreessen Takes Strategic Role in Federal Reserve’s AI Task Force Source: https://en.bitcoinhaber.net/marc-andreessen-takes-strategic-role-in-federal-reserves-ai-task-force
The post Forecasting the upcoming week: US CPI and Warsh testimony to test the Dollar’s recovery appeared on BitcoinEthereumNews.com.
The upcoming week will bring a major test for the US Dollar (USD), with investors focusing on the United States Consumer Price Index (CPI), Federal Reserve (Fed) Chair Kevin Warsh’s congressional testimony and a broad set of activity indicators. China’s second-quarter Gross Domestic Product (GDP) and the Bank of Canada’s (BoC) interest-rate decision will also attract significant attention. The US Dollar Index (DXY) trades near 101.00, recovering from a one-week low hit earlier on Friday as investors balance softer recent labor market data against renewed geopolitical uncertainty and persistent inflation concerns. Tuesday’s US CPI report will be the central event for the Greenback. Headline CPI is expected to decline 0.1% MoM in June, following a 0.5% increase in May, while annual inflation previously stood at 4.2%. Core CPI is forecast to rise 0.3% MoM,
Reversing rate cuts could destabilize markets, increase borrowing costs, and pressure non-yielding assets like cryptocurrencies globally.
The post Expert warns Federal Reserve may reverse rate cuts that stabilized economy appeared first on Crypto Briefing.
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
The post Bitcoin price prediction July 2026: Fed decides appeared on BitcoinEthereumNews.com.
Bitcoin closed the worst half-year in its recent history near $60,000, down from $93,000 in January and fresh off a 21-month low, and almost none of the damage came from crypto itself. The Federal Reserve and record ETF outflows did it, and the same two forces meet again at the July 28-29 policy meeting that will likely decide whether the bottom is in or another leg waits below. These are the levels, the scenarios, and the honest case on both sides. Summary Bitcoin enters July near $60,000, with the July 28–29 Fed meeting expected to determine whether the recent sell-off extends or a recovery begins. The main risks remain hawkish Fed policy and continued spot Bitcoin ETF outflows, while whale accumulation and an oversold market provide the strongest bullish arguments. Key levels to watch are $58,000 support and $63,800 resistance; a sustained return of ETF inflows could signal that a broader r
Bitcoin closed the worst half-year in its recent history near $60,000, down from $93,000 in January and fresh off a 21-month low, and almost none of the damage came from crypto itself. The Federal Reserve and record ETF outflows did…
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.
