US CBDC Digital Dollar Likely To Be Banned In Trump Era: Report

Quick Summary:

With President Donald Trump taking charge, the crypto industry wants him to issue an executive order banning US central bank digital currency (CBDC) aka the Digital Dollar.

During his presidential campaign last year in May, Trump made a similar promise to the industry and now is the time to walk the talk.

The industry is curious to know whether Trump would keep his promises for the crypto industry and walk the talk.

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: IndiaCuba

Topics: US CBDC Bitcoin Reserve Ross ulbricht Donald Trump 24/7 Cryptocurrency News SAB 121 Silk road Digital dollar

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-21 @ 07:43:47 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 559 words

Reading Time: 4 minutes read

Sentences: 43 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 25312707

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 35 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #59

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