Thanks to President Donald Trump’s non-signature, America is under a state digital dollar ban at least until 2030. The 21st Century ROAD to Housing Act was allowed to become law simply through the President’s non-signing. Within that law is a provision that prohibits the U.S. from developing a U.S. digital dollar at least until 2030.
Donald Trump’s unsigned housing bill just banned the U.S. digital dollar – thestreet.com
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EXCERPT:
The 21st Century ROAD to Housing Act became law at midnight, and President Donald Trump’s signature was never on it.
Buried inside the bipartisan housing-affordability bill, and having nothing to do with housing, is a provision barring the Federal Reserve from issuing a central bank digital currency, a government-run digital dollar.
The ban runs until December 31, 2030, and it stops the Fed from issuing a digital dollar either directly to the public or indirectly through banks and other intermediaries. Any future attempt would require Congress to authorize it first.
Trump had announced he would not sign the bill. He did it anyway, in a sense, by doing nothing at all.
