Thursday, March 13, 2025
6.3 C
London
HomeFinTechTrump Directs Evolution of National Crypto Stockpile: Prohibiting CBDC Work

Trump Directs Evolution of National Crypto Stockpile: Prohibiting CBDC Work

Date:

Senate Votes to Eliminate CFPB Oversight of Big Tech Payment Apps

What the Senate's decision means for fintech regulation and...

Santander and Amazon Launch New Visa Card in Austria

Discover the Benefits of the Latest Collaboration Between Two...

Flagstone Builds Sleeping Giant to Highlight Savings Shortfall

Unveiling the Hidden Savings Challenges in the Financial SectorHighlights:...

Exploring the implications of Trump’s latest crypto mandate on the U.S. economy and digital currency landscape.

Highlights:

  • Trump’s recent order impacts the development of the national cryptocurrency stockpile.
  • The mandate specifically prohibits the progress of Central Bank Digital Currency (CBDC) initiatives.
  • Experts discuss potential effects on the U.S. economy and future digital currency regulations.

In a significant policy shift, former President Trump has directed changes to the national cryptocurrency stockpile while banning any work related to Central Bank Digital Currency (CBDC). This order could have profound impacts on how the U.S. approaches digital currencies in the future. Analysts are now considering the broader consequences for the economy and regulatory landscape in response to this directive. The move highlights ongoing debates about cryptocurrency’s role in the financial system.

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories