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Industry Divided on Trump CBDC Views and the Impact Stopping Development Would Have on US Crypto Hub

January 24, 2024


While not currently a major point for debate in the lead-up to the US Presidential election, Trump first made his views on a CBDC clear at a rally in Portsmouth, New Hampshire on 18 January 2024 during the Republican presidential primary campaign. Declaring it a “dangerous threat to freedom” he said he would “protect America from government tyranny” by never allowing its creation.

Trump reinforced his views at a rally in Laconia, New Hampshire on 22 January 2024. Giving credit to Vivek Ramaswamy, a candidate who stopped his campaign but was a vocal critic of CBDCs, Trump said: “I will never allow the creation of a central bank digital currency.”

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