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.

CFTC Chairman Mike Selig confirms the US will not pursue a CBDC under Trump, as Congress moves to codify the ban into legislation favoring private

Unless President Trump vetoes the bill, it will become law at midnight, banning the Federal Reserve from developing a CBDC until 2031.