Donald Trump Says “I will never allow the creation of a Central Bank Digital Currency”

The post Donald Trump Says “I will never allow the creation of a Central Bank Digital Currency” appeared first on Coinpedia Fintech News

Donald Trump US presidential candidate who recently received victory in the Lowa elections is again in the spotlight for his remarks as he recently promised to ban the creation of a central bank digital currency (CBDC) during a campaign stop in New Hampshire.

During this campaign, Vivek Ramaswamy who recently ended his presidential candidate race joined Trump as he endorsed Trump and saw him as his inspiration throughout his journey.

“As your president, I will never allow the creation of a central bank digital currency,”

Trump Stance on CBDC

This pledge by Trump has gained attention as he sees CBDC as a threat to the development of America and he promises to stop it from stepping up in his country. Currencies like CBDC will give overall control to the government over people’s money he said.

This promise of implementation to stop DBDC by Trump has gained attention worldwide, as some people see this as a positive development for America and some say this year is going to be Donald Trump’s year.