Donald Trump Claims He Will “Never Allow” Creation of CBDC in the US if Reelected

During a campaign speech in New Hampshire, former President Donald Trump vowed to prevent the creation of a U.S. central bank digital currency (CBDC) if reelected, calling it a "dangerous threat to freedom." He warned that a CBDC would give the federal government "absolute control over your money" and the ability to seize funds without individuals' knowledge.

Trump said: “To protect Americans from government tyranny, as your President, I will never allow the creation of a central bank digital currency.”

Trump's stance marks a shift from his previous skepticism towards cryptocurrencies, as he seeks to attract pro-crypto voters. He has released numerous NFT collections and cashed out millions in Ethereum from their sales. Trump was joined on stage by Vivek Ramaswamy, a crypto-friendly former Presidential candidate who dropped out of the race to back Trump