Cryptocurrency Politics News

"Trump Pledges to Halt US CBDC Creation if Reelected"

Former President Donald Trump pledged to prevent the creation of a U.S. central bank digital currency (CBDC) if reelected, citing it as a threat to freedom and government control over individuals' money. This marks a shift from his previous skepticism towards cryptocurrencies as he seeks to attract pro-crypto voters, and aligns with the views of other Republican candidates, including Florida Governor Ron DeSantis, who has pledged to "end Biden's war on Bitcoin" and banned CBDCs in the state.