According to BlockBeats, on June 24, US President Trump refused to sign a law that included a four-year ban on CBDCs. The ban was included in the bipartisan housing affordability bill in Congress, and a signing ceremony was originally scheduled for Wednesday. However, Trump posted on Truth Social that the event was "canceled effective immediately" until Congress passes what he calls the "urgently needed" Save America Act.

Trump's suspension of signing the housing bill could be a blow to bipartisan housing legislation in Congress and could also impact the anti-CBDC camp. While the U.S. is not prepared to issue a CBDC in the short term, the crypto industry has consistently supported the four-year ban on a digital dollar that runs until the end of 2030, as outlined in the bill. Republicans argue that a digital dollar managed by the Federal Reserve could be used to monitor citizens' finances. Trump also signed an executive order last year prohibiting the U.S. from developing a CBDC, stating that it could threaten the stability of the financial system, individual privacy, and U.S. sovereignty.

The report also stated that if Trump delays the congressional agenda due to this controversy, it could affect the Clarity Act, a key focus for the crypto industry. With only about five weeks left before the Senate recess in the summer, further significant delays are unacceptable if the bill is to become law in 2026.

According to BlockBeats, on June 24, US President Trump refused to sign a law that included a four-year ban on CBDCs. The ban was included in the bipartisan housing affordability bill in Congress, and a signing ceremony was originally scheduled for Wednesday. However, Trump posted on Truth Social that the event was "canceled effective immediately" until Congress passes what he calls the "urgently needed" Save America Act.

Trump's suspension of signing the housing bill could be a blow to bipartisan housing legislation in Congress and could also impact the anti-CBDC camp. While the U.S. is not prepared to issue a CBDC in the short term, the crypto industry has consistently supported the four-year ban on a digital dollar that runs until the end of 2030, as outlined in the bill. Republicans argue that a digital dollar managed by the Federal Reserve could be used to monitor citizens' finances. Trump also signed an executive order last year prohibiting the U.S. from developing a CBDC, stating that it could threaten the stability of the financial system, individual privacy, and U.S. sovereignty.

The report also stated that if Trump delays the congressional agenda due to this controversy, it could affect the Clarity Act, a key focus for the crypto industry. With only about five weeks left before the Senate recess in the summer, further significant delays are unacceptable if the bill is to become law in 2026.

According to BlockBeats, on June 24th, driven by the World Cup, Polymarket's "Football" category saw trading volume exceed $2 billion in the first 10 days after the start of the World Cup, a 300% increase compared to the previous 10 days. Meanwhile, the category's average daily trading volume has increased from $53 million in the month before the tournament to approximately $220 million so far during the current tournament.

Kalshi also benefited from the World Cup hype. Data shows that Kalshi's aggregated open interest reached $1.16 billion last Thursday, a record high and the first time the platform's open interest has surpassed $1 billion. Year-to-date, Kalshi's open interest has grown by 350%.

However, Polymarket's open interest remained relatively stable during the World Cup, and its CFTC-regulated U.S. operations saw only modest growth in open interest, failing to reach the April 2026 peak. In contrast, Kalshi's open interest grew faster than its trading volume, indicating that its users are holding positions for longer periods and are beginning to take larger directional positions rather than just short-term trades.

According to BlockBeats, on June 24, Bitget data showed that US stocks continued their upward trend, with the Nasdaq rising 0.81%, the S&P 500 rising 0.76%, and the Dow Jones rising 1.01%.