Why anti-CBDC Trump refuses to sign bill banning a digital dollar through 2030
The president's opposition to a digital dollar remains intact, even as he delays signing the bill that would codify it.
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The president's opposition to a digital dollar remains intact, even as he delays signing the bill that would codify it.
Oluwapelumi Adejumo 8 min read
A July 17 hearing puts crypto’s market structure bill back on the calendar, but the real test is whether CLARITY can survive Senate math, stablecoin fights and the compromises needed to become law.
The new framework removes wallet caps, yet keeps systemic sterling stablecoins far below dollar-token scale at launch.
Crypto super PACs are winning nearly every primary they enter, but the market structure law all that money is meant to buy is still stuck on the Senate calendar with no vote in sight.
The bill avoids market regulation while trying to rebuild federal coordination for hacks, tracing, and victims.
Democrats say Republicans and the White House are backing away from a crypto ethics enforcement deal, raising new doubts about the bill’s fragile path to a Senate floor vote.
Crypto groups and Senate allies are ramping up pressure for a CLARITY Act floor vote, while prediction markets are growing less convinced the bill can become law before August.
The Clearing House plan gives banks 24/7 tokenized settlement while keeping customer money inside regulated deposit accounts.
Analysts say the CLARITY Act faces a narrowing path as lawmakers approach the August recess without a deal on stablecoin yield and ethics provisions.
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