Former President Donald Trump reiterated his strong opposition to central bank digital currencies (CBDCs) during a rally in Laconia, New Hampshire. Trump emphasized that he would not allow the creation of a CBDC, considering it a dangerous threat to freedom that grants the federal government absolute control over individuals’ money. Trump’s stance against CBDCs has been consistent, and he pledged to prevent such a currency from being introduced in the United States. This declaration comes as crypto-friendly candidate Vivek Ramaswamy, who shares similar views on CBDCs, recently suspended his campaign.
Donald Trump’s opposition to central bank digital currencies (CBDCs) takes center stage as crypto-friendly candidate Vivek Ramaswamy suspends his campaign, following Florida Governor Ron DeSantis. At a rally in New Hampshire, Trump stated his commitment to preventing the introduction of a CBDC in the United States, considering it a threat to freedom. With prominent CBDC critics exiting the Republican primary, including DeSantis, who once prioritized crypto issues in Florida, the prominence of digital assets in the 2024 U.S. presidential race may diminish, despite occasional mentions by Republican candidates. (Source: Coindesk)
