#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 lade direkt in sitt veto mot den bostadslagen. Lagförslaget drevs gemensamt av båda partierna och godkändes i representanthuset med 358 röster för och 32 emot, medan senaten antogs med ett exceptionellt högt antal röster på 85 för och 5 emot. Men när det gällde Trump lades lagförslaget på hyllan. $BTC Hans anledning var mycket direkt: han hade tjänat miljarder dollar i fastigheter och hade en oöverträffad förståelse för marknaden. Han anser att grundorsaken till det nuvarande bostadsprisproblemet ligger i alltför höga räntor. Dess kärnkrav är bara en sak – att sänka räntorna så snart som möjligt. Han sade också att han inte skulle undertrycka vanliga människor som äger egendom och inte ville att deras fastighetsvärden skulle minska. Men den viktiga poängen är att detta lagförslag innehåller en klausul som kryptoinsiders är mycket oroade över. Denna bestämmelse anger tydligt att Federal Reserve inte får lansera CBDC (centralbankernas digitala valutor) före 2030. Tidigare ansågs denna klausul allmänt inom branschen vara en stor positiv utveckling. Nu när lagförslaget har lagts på is har denna gynnsamma bestämmelse ogiltigförklarats och de relaterade förväntningarna har inte infriats. Trump insisterade på ett villkor: Kongressen måste först anta hans Save American Elections Act innan han är villig att förhandla om bostadslagen. Nästa steg är att titta på marknadssituationen: BTC är för närvarande prissatt till 60 814 dollar, vilket sjunker till en låg nivå på 59 000 dollar. ETH är för närvarande prissatt till 1 613 dollar, med en lägsta pris på 1 552 dollar. Småbolagsmynt som BEAT försvagades och föll med 3,46 %. BTC:s likvidationsdata visar betydande skillnader i marknadsfonder. Inom 24 timmar nådde de totala likvidationerna 400 miljoner dollar, inklusive 320 miljoner dollar för långa positioner och 83,63 miljoner dollar för korta positioner. På 12 timmar uppgick de sammanlagda likvidationerna till 390 miljoner dollar, där den stora majoriteten var långa positioner som tidigare varit bottenfiskade och som raderades. Denna återhämtning är bara en mindre återhämtning, och försäljningstrycket från fastlåsta aktier är fortfarande tungt. Nästa steg är att prata om den faktiska påverkan på vår kryptovalutahandel. Tidigare trodde många att USA inte skulle lansera en CBDC på kort sikt, men nu har den förväntningen fallit och marknaden har förlorat ett viktigt politiskt stöd. Trump har dock upprepade gånger krävt räntesänkningar. Om efterföljande sänkningar genomförs kommer marknadslikviditeten att slappna av, vilket faktiskt skulle gynna Bitcoin och Ethereum. För närvarande är policyn i ett fullständigt dödläge, där regulatoriska och CBDC-relaterade förväntningar blir oklara, vilket tillför ytterligare ett lager av osäkerhet på marknaden. Marknaden har just upplevt en kraftig nedgång; även med en liten återhämtning i BTC är omfattningen av långa likvidationer fortfarande hög. När politiken visar en sådan omsvängning måste verksamheten förbli konservativ. Delta inte tungt i nyhetsdrivna trender som $BTC $ETH #OKX星球话题来啦 #波动雷达: Övervaka valutafluktuationer

Trump vägrade att underteckna CBDC-lagen Ärligt talat var min första reaktion när jag såg detta en lättnad. CBDC:er är, enkelt uttryckt, centralbankernas digitala valutor. Om all valuta så småningom blir spårbara och övervakabara digitala dollar, kommer överlevnadsutrymmet för traditionella kryptovalutor definitivt att bli begränsat. Även om Trumps vägran att underteckna relaterade lagar mer är en politisk manövrering, sänder det åtminstone en signal: det finns fortfarande betydande splittringar inom USA kring utvecklingen av CBDC:er. För närvarande har det totala börsvärdet av globala stablecoins överstigit 300 miljarder dollar, varav USDT ensam är nära 200 miljarder dollar. Jämfört med att staten ger ut digitala dollar direkt är marknaden tydligt mer villig att acceptera stablecoin-systemet. För kryptogemenskapen tycker jag att detta är en positiv utveckling. För det verkliga hotet mot BTC och kryptoekosystemet har aldrig varit tillsynsmyndigheterna, utan den officiella inblandningen av "den digitala dollarn." Den kortsiktiga effekten kan vara begränsad, men på lång sikt, om USA fortsätter att undertrycka CBDC och stödja utvecklingen av stablecoin, är det mer sannolikt att medel kommer att flöda in i BTC, ETH och hela kryptomarknaden. Åtminstone för tillfället har den fullskaliga implementeringen av den digitala dollarn satts på paus igen. #特朗普拒签CBDC法案