A four-year ban on a U.S. central bank digital currency (CBDC) is scheduled to take effect at midnight as part of a housing-related bill, according to reports cited by CoinDesk and PYMNTS. The restriction is included in legislation Congress has approved and sent to President Donald Trump. Trump has neither signed the bill nor vetoed it, but the bill is still set to become law at 12:00 a.m. local time on July 11, following the housing law’s effective timing.
Under the terms described by the sources, the measure prohibits the government from moving forward with a CBDC during the four-year period. The reporting frames the development as tied to the housing bill’s implementation schedule rather than a separate executive action. No additional details are provided in the excerpts about enforcement mechanisms, specific statutory language, or any exemptions. Both outlets characterize the change as a temporary CBDC ban tied directly to the housing legislation that takes effect overnight.
