#TrumpVetoesCBDCBill

Trump Didn't Veto the CBDC Ban. The Clause Did. #TrumpVetoesCBDCBill Trump cancelled the signing of a bill that included a CBDC ban through 2030. Same guy who's publicly called a digital dollar a threat to financial freedom. Markets read it as a U-turn. It isn't. He's holding the bill hostage to get an unrelated elections measure, the SAVE AMERICA ACT, passed first. Classic legislative leverage. The CBDC ban itself cleared the House 358-32 and the Senate 85-5, well above veto-proof margins. Under US law, it becomes law automatically after 10 days if he neither signs nor vetoes it while Congress is in session. The ban is likely going through regardless. What's actually worth watching is the parallel debate on Fed master accounts. Congress is weighing whether crypto and fintech firms should get direct access to the Fed's payment rails via so-called "skinny accounts." The Fed published its formal rulemaking in May; public comments close July 27. If this clears, it would reshape crypto's payment infrastructure far more than any CBDC ban ever could. The real signal: even under a crypto-friendly administration, legislation doesn't move clean. Clause-level politics slow things down. But the direction hasn't reversed. It's just friction in the details. Bigger question: which matters more for crypto's long-term footing in the US, blocking CBDCs, or getting direct access to Fed payment rails? Share your thoughts in the comments 👇 $BTC $SPCX $USDT

On Trump and the CBDC Veto #TrumpVetoesCBDCBill The veto is a defining moment for financial sovereignty versus state control. The veto isn't about a digital dollar. It's about who gets to architect the rails. A CBDC, in its purest government-issued form, isn't a currency upgrade. It's programmable sovereignty. The same infrastructure that enables instant settlement also enables programmable expiration, conditional spending, and real-time surveillance of every transaction. That's not a conspiracy theory. That's a design feature buried in every central bank white paper on the topic. Trump's veto signals something the crypto space rarely acknowledges: the battle lines aren't between parties. They're between control and permissionlessness. The overlooked implication: a CBDC ban in the US doesn't kill the technology. It pushes it underground and offshore. Stablecoins become the default public-private compromise. Privacy chains become the escape valve. And the Fed's research doesn't stop—it rebrands. The real question no one is asking: if the US formally rejects a CBDC, does that make dollar-pegged stablecoins the de facto digital dollar? And if so, who governs them? Circle and Tether don't have Congressional oversight. But they might get it faster than anyone expects. This isn't a win for crypto maximalists. It's an opening move in a much longer negotiation about what digital money looks like—and who controls the kill switch. Not financial advice. A structural observation on the politics of programmable money. $SOL $NES $H

#TrumpVetoesCBDCBill TRUMP’S CBDC DECISION JUST REMINDED CRYPTO OF ONE THING: POLITICS MOVES SLOWER THAN NARRATIVES Many expected a clear signal against CBDCs. Instead, Trump’s refusal to sign a bill containing a CBDC ban has added a new layer of uncertainty to an already complex regulatory landscape. At first glance, the market saw a contradiction. A politician who has repeatedly criticized CBDCs chose not to approve legislation that included a CBDC restriction. But the deeper story may not be about support or opposition to digital currencies at all. It may be about priorities. Analysts suggest the decision reflects broader negotiations surrounding crypto market structure, fintech access to Federal Reserve infrastructure, and the long-term framework that could shape digital finance in the United States. For crypto investors, this is a reminder that adoption is not determined by headlines alone. Regulation is often built through compromise, and compromise rarely arrives in a straight line. The most interesting development is not what was blocked today. It’s what policymakers are still debating behind the scenes: who gets access to the future financial system, how digital assets integrate with traditional banking, and what role blockchain technology will ultimately play in global payments. My view is that this headline is larger than CBDCs. It highlights the growing reality that crypto is no longer fighting for attention—it is fighting for a place inside the financial architecture of the world’s largest economy. Markets react to price. History remembers policy. #TrumpVetoesCBDCBill $TRUMP $BTC $ETH @OKX中文 @OKX星球 @OKX Orbit

#TrumpVetoesCBDCBill: The Man Who Banned CBDCs By Executive Order Just Refused to Sign the Bill That Would Have Made It Law. The irony is almost too clean to believe. The 21st Century ROAD to Housing Act passed the Senate 85-5 and the House 358-32 — both veto-proof margins. It included the first statutory ban in US history on a Federal Reserve-issued digital dollar, prohibiting any CBDC through December 31, 2030, while explicitly protecting stablecoins that are "open, permissionless, and private." Trump was scheduled to sign it in a ceremony at the US Capitol on June 24. He cancelled the event one hour before it was set to begin. Crypto News His condition: Congress must first pass the SAVE America Act, a voter-ID and proof-of-citizenship bill that the Senate rejected 48-50 on June 4 — just three weeks earlier, with four Republicans joining every Democrat in opposition. Trump declared the housing bill "of minor importance" and demanded the legislature deliver something it had already voted down. FinancialContent The constitutional math means the CBDC ban will likely become law anyway. Under the Constitution, a bill presented to the president becomes law automatically after 10 days if he neither signs nor vetoes it — provided Congress remains in session. Both chambers passed it by margins far exceeding the two-thirds threshold needed to override a veto. Coinmonitor The collateral damage is the more urgent story. The CLARITY Act needs a Senate floor vote before the August congressional recess — analysts say preferably by end of June, no later than end of July — to have a realistic chance of becoming law in 2026. Prediction market odds on CLARITY Act passage have already fallen from 74% to 42%. Every day of standoff over the housing bill consumes Senate calendar time the CLARITY Act cannot afford. CryptoSlate Trump is anti-CBDC. He signed the executive order. He refuses to sign the law. And in doing so, he may have handed the CLARITY Act its most dangerous obstacle yet: time. #TrumpVetoesCBDCBill

Worth getting the facts straight: Trump didn't formally veto anything, he canceled the signing ceremony for the bipartisan housing bill that carried a US CBDC ban, reportedly to pressure Congress on a separate elections bill. Net effect for now is the same: the CBDC prohibition is paused, with knock-on implications for the CLARITY Act riding alongside it. For crypto the symbolism cuts an odd way. Killing a CBDC is broadly what the industry wanted, but stalling the whole bill also delays the market-structure clarity everyone's been waiting on. BTC's at $61.7K, down 1.5%, treating this as noise for now. My read: bullish on the anti-CBDC signal, frustrating on the legislative delay. Net neutral until the bill actually moves. NFA, just my read. #TrumpVetoesCBDCBill #OKXOrbit

Trump Didn’t reject the CBDC ban. The process itself is creating the delay. Trump pulled back from signing a bill that included a CBDC ban through 2030, despite repeatedly calling a digital dollar a risk to financial freedom. Some interpreted it as a policy reversal, but the bigger picture suggests otherwise. The hold-up appears tied to legislative strategy. Reports indicate the administration wants movement on the SAVE AMERICA ACT before advancing the broader package. The CBDC provision itself already passed with overwhelming bipartisan support: 358–32 in the House and 85–5 in the Senate, numbers comfortably above veto-proof levels. Under current rules, if the president neither signs nor vetoes a bill while Congress remains in session, it can still become law after the required waiting period. What deserves more attention is the parallel debate around Fed master accounts. Congress is discussing whether crypto and fintech firms should gain direct access to the Federal Reserve payment system through so-called "skinny accounts." If approved, the impact on crypto infrastructure could be much larger than a CBDC ban itself. The larger takeaway: even in a crypto-friendly environment, legislation rarely moves in a straight line. Direction matters, but so does the friction created by the details. The bigger question remains: what matters more for crypto’s long-term future in the US — blocking CBDCs or opening direct access to Fed payment rails? $BTC $SPCX $USDT

🚨 JUST IN: 🇺🇸 Trump says he will not sign the housing bill, which temporarily bans CBDC, unless Congress passes the “SAVE America Act.” The delay could spill over and slow progress on the Crypto CLARITY Act.

ICYMI: Here's a quick news recap from today's Asia & EMEA sessions @TheBlockCo 👇 🏛️ The House of Representatives passed the anti-CBDC 21st Century ROAD to Housing Act with an overwhelming vote on Tuesday, sending it to President Donald Trump's desk. 🗳️ Adrian Boafo, a Maryland state delegate backed by the Protect Progress crypto PAC, won the Democratic primary on Tuesday. 🤝 BNB treasury firm CEA Industries entered into a cooperation agreement with YZi Labs, ending months-long governance disputes. 🚀 Cboe Global Markets launched the first binary options products in its new suite called Cboe Predicts. 📁 Voyager investors filed a notice of appeal challenging Judge Roy Altman's dismissal of claims against Mark Cuban and the Dallas Mavericks. 📨 U.S. law enforcement organizations sent a joint letter to the DOJ and the White House, warning of oversight gaps surrounding a key provision in the Clarity Act. 🇯🇵 Japan's SBI Group announced the official launch of its trust bank-backed stablecoin, JPYSC. 📈 21Shares said bitcoin's post-halving price action "still looks familiar," but sees a recovery toward $100,000 by the end of the year. 🏡 Black Lake and Nuva Labs completed what the firms described as the first onchain minting and transfer of $25 million in institutional mortgage loans on Provenance Blockchain. 🐙 Kraken-incubated Ethereum Layer 2 network Ink is upgrading to OP Enterprise Fully Managed in a multi-year deal. 📉 Rolling one-year notional flows across bitcoin investment vehicles fell to -1,176 BTC, the first negative reading since November 2023, according to K33.

#特朗普拒签CBDC法案 Trump nedla direkte veto mot den boligloven. Lovforslaget ble fremmet i fellesskap av begge partier og ble vedtatt i Representantenes hus med 358 stemmer for og 32 imot, mens Senatet ble vedtatt med et usedvanlig høyt antall stemmer på 85 for og 5 imot. Men da det gjaldt Trump, ble lovforslaget lagt på is. $BTC Hans begrunnelse var svært direkte: han hadde tjent milliarder av dollar på eiendom og hadde en enestående forståelse av markedet. Han mener at rotårsaken til dagens boligprisproblem ligger i altfor høye renter. Kjernekravet er bare én — å kutte rentene så snart som mulig. Han uttalte også at han ikke ville undertrykke vanlige folk som eier eiendom og ikke ønsket at eiendomsverdiene deres skulle synke. Men hovedpoenget er at dette lovforslaget inneholder en klausul som kryptoinnsidere er svært bekymret for. Denne bestemmelsen sier tydelig at Federal Reserve ikke kan lansere CBDC-er (sentralbankenes digitale valutaer) før 2030. Tidligere ble denne klausulen bredt ansett i bransjen som en stor positiv utvikling. Nå som lovforslaget er lagt på is, er denne gunstige bestemmelsen ugyldiggjort, og de tilhørende forventningene har ikke innfridd. Trump insisterte på en betingelse: Kongressen må først vedta hans Save American Elections Act før han er villig til å forhandle om boligloven. La oss nå se på markedssituasjonen: BTC er for øyeblikket priset til 60 814 dollar, og faller til et lavmål på 59 000 dollar. ETH er for øyeblikket priset til 1 613 dollar, med et minimum på 1 552 dollar. Småkapitalmynter som BEAT svekket seg og falt 3,46 %. BTC-likvidasjonsdata viser betydelig divergens i markedsfond. Innen 24 timer nådde totale likvidasjoner 400 millioner dollar, inkludert 320 millioner for lange posisjoner og 83,63 millioner dollar for korte posisjoner. På 12 timer utgjorde de samlede likvidasjonene 390 millioner dollar, hvor det store flertallet var lange posisjoner som tidligere var bunnfisket og ble utslettet. Denne oppgangen er bare en liten oppgang, og salgspresset fra fastlåste aksjer er fortsatt tungt. La oss deretter snakke om den faktiske påvirkningen på vår kryptovalutahandel. Tidligere satset mange på at USA ikke ville lansere en CBDC på kort sikt, men nå har denne forventningen falt inn, og markedet har mistet en viktig politisk støtte. Trump har imidlertid gjentatte ganger oppfordret til rentekutt. Hvis påfølgende kutt gjennomføres, vil markedslikviditeten bli lettet, noe som faktisk vil gagne Bitcoin og Ethereum. For øyeblikket er politikken i fullstendig dødpunkt, med regulatoriske og CBDC-relaterte forventninger som blir tvetydige, noe som legger til et nytt lag av usikkerhet i markedet. Markedet har nettopp opplevd et kraftig fall; selv med en liten oppgang i BTC, er omfanget av lange likvidasjoner fortsatt høyt. Når politikken viser en slik reversering, må driften forbli konservativ. Ikke delta tungt i nyhetsdrevne trender som $BTC $ETH #OKX星球话题来啦 #波动雷达: Overvåk valutafluktuasjoner

Trump nektet å signere CBDC-loven For å være ærlig var min første reaksjon da jeg så denne nyheten en lettelse. CBDC-er er, enkelt sagt, sentralbankenes digitale valutaer. Hvis all penger til slutt blir sporbare og overvåkbare digitale dollar, vil overlevelsesrommet til tradisjonelle kryptovalutaer definitivt bli begrenset. Selv om Trumps nektelse av å signere relaterte lover er mer et politisk manøvrering, sender det i det minste et signal: det er fortsatt betydelige splittelser i USA om utviklingen av CBDC-er. For øyeblikket har den totale markedsverdien av globale stablecoins oversteget 300 milliarder dollar, med USDT alene nær 200 milliarder dollar. Sammenlignet med at staten utsteder digitale dollar direkte, er markedet tydeligvis mer villig til å akseptere stablecoin-systemet. For kryptomiljøet mener jeg dette er en positiv utvikling. Fordi den virkelige trusselen mot BTC og kryptoøkosystemet aldri har vært regulatorene, men den offisielle involveringen av «den digitale dollaren». Den kortsiktige effekten kan være begrenset, men på lang sikt, hvis USA fortsetter å undertrykke CBDC-er og støtte utvikling av stablecoin, er det mer sannsynlig at midler vil strømme inn i BTC, ETH og hele kryptomarkedet. I det minste foreløpig har den fullskala implementeringen av den digitale dollaren igjen blitt satt på pause. #特朗普拒签CBDC法案