Despite President Donald Trump's refusal to sign Congress' bipartisan housing bill, it's set to go into effect at midnight, and its temporary CBDC ban along with it.
- As Friday winds to a close, the U.S. housing-affordability bill will become law, along with an unrelated provision that imposes a four-year ban on a U.S. central bank digital currency.
- The restriction will block the Federal Reserve from issuing a digital dollar that could compete with private-sector stablecoins, though the central bank was not working toward that goal.
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Gate Leads Spot Market Share Gains as CEX Volumes Rise for First Time in Five Months
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Why it matters :
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Trump's crypto riches loom over Clarity Act talks to ban conflicts for U.S. officials
UK Treasury report on tokenization cites Ripple as convergence model
Wall Street transfer agents lobby SEC, warning that third-party tokens pose risks to market integrity
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