Trump Opposes CBDC Release if Re-elected

Trump Pledges to Halt CBDC Release if Re-elected. ️ Trump voices concerns about excessive government control with CBDCs, fearing unprecedented authority over citizens' finances.Emphasizes dedication to protecting Americans from increased government intervention, positioning himself as a defender of individual financial privacy.Federal Reserve explores CBDC possibilities, but no final decision. Governor Michelle Bowman remains skeptical, highlighting the need for Congressional approval.Globally, 130 countries actively explore CBDCs; 64 in advanced stages. Europe eyes a digital euro, while China has implemented its digital yuan in international trade.Trump's opposition triggers a broader discussion on the balance between innovation and individual financial privacy in the ongoing CBDC debate.

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