Donald Trump bans CBDC in US: What it means? How do stablecoins fit into the new executive order?
US President Donald Trump has banned the creation of Central Bank Digital Currency (CBDC), citing privacy and financial stability concerns. The executive order promotes dollar-backed stablecoins as alternatives and establishes a working group to develop a regulatory framework for digital assets.
President Trump Signs Executive Order To Ban Central Bank Digital Currencies (CBDC)
The new EO will also establish a presidential working group to create a federal regulatory framework governing digital assets (including stablecoins), and evaluate the creation of a strategic national digital assets stockpile.
President Trump Signs Executive Order To ‘Evaluate’ Strategic Bitcoin and Crypto Reserve, Ban Central Bank Digital Currency, Boost Stablecoins
President Trump just signed an executive order to evaluate the creation of a strategic national Bitcoin and crypto stockpile, as well as prevent the development of a Central Bank Digital Currency (CBDC) while boosting stablecoin adoption.
US CBDC ‘is dead’ under Trump, but stablecoins could be set to explode
Now that US President Donald Trump has taken his oath of office, the chances for a US central bank digital currency (CBDC) are all but finished. Trump has been a vocal opponent of CBDCs, promising on the campaign trail in New Hampshire in 2024 that he would “never allow the creation of a central bank digital currency,
Trump Bans Creation Of A 'Digital Dollar' To Protect Americans
US President Donald Trump issued an executive order Thursday effectively banning the establishment of a central bank digital ...
US bans central bank digital currencies; forms crypto working group led by David Sacks
Trump signs executive order to form internal working group on crypto, aiming to make America the world capital in crypto.
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Donald Trump issues executive order to create internal group to push growth of cryptocurrency in US
As part of the executive order, the creation of central bank digital currencies in the US has also been banned, which could ...
Bitcoin could resume rally as Trump signs executive order, calls US a Crypto and AI hub
The Working Group will function under the oversight of Trump's AI and crypto Czar David Sacks. Other delegates will include ...
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Trump Issues Crypto Executive Order to Pave U.S. Digital Assets Path
President Donald Trump has signed a long-awaited crypto order that sets a federal agenda meant to move U.S. digital assets businesses into friendly oversight.
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New currency for South Africa, China, and India under fire
US President Donald Trump has doubled down on his tariff threat on BRICS nations, including South Africa, should they forge ahead with creating a new shared currency. This threat, declared in his ...