Currency

Donald Trump Rejects Central Bank Digital Currency Creation


In a noteworthy development, Donald Trump, the triumphant figure from the Iowa elections, is back in the limelight. During a recent campaign stop in New Hampshire, Trump made a significant promise, generating discussions worldwide. This time, the spotlight is on his commitment to prohibit the creation of a central bank digital currency (CBDC).

“As your president, I will never allow the creation of a central bank digital currency,”

This declaration, made with conviction, has sparked debates about its potential impact on the future of American finance.

Are CBDC’s a Risk to America’s Development

Trump’s strong position against CBDC arises from his belief that digital currencies of this nature pose a threat to the country’s development. In his view, allowing the government control over people’s money through currencies like CBDC could have significant consequences.

Trump’s commitment to halt CBDC implementation has not escaped global attention. The debate surrounding the repercussions of this move has divided opinions, with some seeing it as a positive development for America. As the news circulates, speculation grows about the potential impact of Trump’s decisive stance on CBDC, with suggestions that this might indeed be “Donald Trump’s year.”

Read More: Coinbase & Ripple Pledge $78 Million for Pro-Crypto Fairshake for 2024 U.S. Elections

Ramaswamy Allies with Trump

In another noteworthy twist, Vivek Ramaswamy, a recent presidential candidate, publicly endorsed Trump during the New Hampshire campaign. Expressing Trump as his source of inspiration, his endorsement suggests a strategic alliance in the making.

Urging the people of Hampshire to rally behind Trump, Ramaswamy asserted, “There is no better choice left in this race than Trump.”

What’s your take on Trump’s bold anti-CBDC move?



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