

Former US President Donald Trump has pledged to block the creation of a federal digital currency, calling it a "dangerous threat to freedom." Trump stated that a central bank digital currency would give the government absolute control over people's money. Meanwhile, US President Joe Biden has called for more research into a CBDC system. Republican lawmakers have opposed the idea, with Florida Governor Ron DeSantis signing a bill prohibiting the use of CBDCs in Florida.


Former US President Donald Trump has pledged to block the creation of a federal digital currency, calling it a "dangerous threat to freedom." Trump stated that a central bank digital currency would give the government absolute control over people's money. Meanwhile, US President Joe Biden has called for more research into a CBDC system. Republican lawmakers have opposed the idea, with Florida Governor Ron DeSantis signing a bill prohibiting the use of CBDCs in Florida.
•He calls it a "dangerous threat to freedom" and states it would give the government absolute control over people's money.
•President Biden calls for more research into a CBDC system.
•Republican lawmakers oppose the idea, with Florida Governor Ron DeSantis signing a bill prohibiting CBDC use.







