Trump bans the creation of a 'digital dollar'

[peacefan]

Trump bans the creation of a 'digital dollar'

US President Donald Trump issued an executive order to ban the establishment of a central bank digital currency in the US. Trump's decision aims to protect Americans from risks associated with CBDCs, including potential threats to financial stability, individual privacy, and national sovereignty. Former President Joe Biden had previously encouraged the Fed to explore the creation of a CBDC.

Remote : 2025-01-24T07:37:03+05:30
Local : 2025-01-24(Friday) 03 : 07 : 03
Found via World Headlines on nicer.app

congratulations, Trump.
i believe this to be an important win for privacy sensitive people everywhere, even outside the US.
i can only hope the EU follows suit.

other opinions are most welcome of course.

 

[frigidweirdo]

Trump bans the creation of a 'digital dollar'

US President Donald Trump issued an executive order to ban the establishment of a central bank digital currency in the US. Trump's decision aims to protect Americans from risks associated with CBDCs, including potential threats to financial stability, individual privacy, and national sovereignty. Former President Joe Biden had previously encouraged the Fed to explore the creation of a CBDC.

Remote : 2025-01-24T07:37:03+05:30
Local : 2025-01-24(Friday) 03 : 07 : 03
Found via World Headlines on nicer.app

congratulations, Trump.
i believe this to be an important win for privacy sensitive people everywhere, even outside the US.
i can only hope the EU follows suit.

other opinions are most welcome of course.

Trump prefers things that make it much easier to launder money....

 

[White 6]

Trump prefers things that make it much easier to launder money....

And, of course, he didn't want to compete with the government in the crypto market.

 

[Cougarbear]

Trump prefers things that make it much easier to launder money....

And Crypto can't be used to launder easily? Oh, it sure can! You might want to find out first what Trump actually did and why he did this. It isn't like he just decided this. This was one of his campaign promises that he followed through on. Donald Trump fulfills promise to crypto community, bans CBDC: What it means

 

[shockedcanadian]

Trump bans the creation of a 'digital dollar'

US President Donald Trump issued an executive order to ban the establishment of a central bank digital currency in the US. Trump's decision aims to protect Americans from risks associated with CBDCs, including potential threats to financial stability, individual privacy, and national sovereignty. Former President Joe Biden had previously encouraged the Fed to explore the creation of a CBDC.

Remote : 2025-01-24T07:37:03+05:30
Local : 2025-01-24(Friday) 03 : 07 : 03
Found via World Headlines on nicer.app

congratulations, Trump.
i believe this to be an important win for privacy sensitive people everywhere, even outside the US.
i can only hope the EU follows suit.

other opinions are most welcome of course.

This is a wise decision.

 

[peacefan]

Trump prefers things that make it much easier to launder money....

maybe secretly, but he knows he's being watched closely.
it'll be alright.

 

[frigidweirdo]

maybe secretly, but he knows he's being watched closely.
it'll be alright.

Trump has been openly committing crime for a LONG TIME. He also supports modern ways of committing crime. He's consistent. But his supporters will provide excuses for him. Why?