Trump Slams Proposed Central Bank Digital Currency in Recent Speech

Published 22/01/2024, 19:05
© Reuters.  Trump Slams Proposed Central Bank Digital Currency in Recent Speech

Coin Edition -

  • Trump challenges CBDC implementation, stressing risks to financial freedom and fear of increased government control.
  • Despite past skepticism, Trump’s significant investment in cryptocurrencies suggests a changing perspective on digital assets.
  • Shared concerns among presidential candidates about CBDCs highlight the broader political debate on the future of digital currencies.

Former US President Donald Trump has vehemently opposed the current administration’s implementation of a Central Bank Digital Currency (CBDC). Trump, staging a comeback in the 2024 US presidential elections, articulated his stance in a speech that garnered significant applause.

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