The 21st Century ROAD to Housing Act has taken effect after the required period elapsed without President Trump's signature, a mechanism that allows bills to become law even when the president neither signs nor vetoes them. Tucked into the housing legislation is a provision barring the Federal Reserve from issuing a central bank digital currency, marking a significant milestone for crypto advocates and lawmakers who have opposed a US CBDC over privacy and government surveillance concerns. The inclusion of the ban within a broader housing bill reflects how digital currency policy is increasingly being folded into unrelated legislation. Supporters argue the measure protects financial privacy and limits federal overreach, while critics contend it forecloses potential modernization of the payment system. The law's passage cements a policy direction the current administration and many Republicans have championed regarding digital dollar development.
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