• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • PPP MENA Forum, UAE (September 10-11, 2025)
    • WFIS, Philippines (September 23-24, 2025)
    • Fintech Revolution Summit, Vietnam (September 24, 2025)
    • CoinFerenceX, Singapore (September 29-30, 2025)
    • ChainUp, Singapore (September 30, 2025)
    • TOKEN2049, Singapore (October 1-2, 2025)
    • Forex Expo Dubai (October 6-7, 2025)
    • Merge Madrid (October 7-9, 2025)
    • European Blockchain Convention, Barcelona (October 15-17, 2025)
    • HODL, Dubai (October 30-31, 2025)
    • Blockchain Futurist Conference, Florida (November 5-6, 2025)
    • Fintech Revolution Summit, Saudi Arabia (November 3, 2025)
    • Mining Disrupt, Dallas (November 11-13, 2025)
    • WFIS, Indonesia (November 25-26, 2025)
  • Past Events
    • Blockchain Life
    • BlockShow Europe
    • Event Horizon

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Join us on Telegram: https://t.me/crypto_reporter
Visit European Blockchain Convention, Barcelona on October 16-17, 2025
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

Trump’s stance against a digital dollar

January 25, 2024 By Crypto Reporter

In a recent declaration to New Hampshire voters, former President Donald Trump voiced his opposition to the creation of a Federal Reserve digital dollar. This statement aligns with his consistent skepticism towards digital currencies, highlighting a significant divergence in the political discourse surrounding the future of digital finance in the United States.

Image via Flickr

Trump’s apprehension about a government-issued digital currency stems from concerns about privacy, government overreach, and the potential destabilization of the traditional financial system. His stance reflects a broader debate on the role and impact of central bank digital currencies (CBDCs) in the global economic landscape. CBDCs, digital forms of a nation’s currency issued and regulated by its central bank, are seen by some as a means to modernize the financial system, enhance financial inclusion, and counteract the growing influence of decentralized cryptocurrencies.

However, critics like Trump argue that a digital dollar could lead to increased surveillance over financial transactions and potentially threaten the autonomy and privacy of citizens. There are also fears that it might disrupt the existing banking system, particularly in terms of deposits and lending operations.

Trump’s vow to block the creation of a digital dollar if he were to return to office underscores the political dimensions of cryptocurrency and digital currency policy. It highlights the tension between embracing technological innovation in finance and preserving the established financial order and individual freedoms.

As the discussion around CBDCs continues to gain momentum globally, the United States faces a complex decision: whether to move forward in developing a digital dollar or to maintain its current financial structure. This debate encompasses not only economic and technological considerations but also profound questions about privacy, government control, and the nature of money in the digital age.

Filed Under: General News, Latest News, News Tagged With: CBDC, cryptocurrency, Donald Trump, news, regulations

Primary Sidebar

Follow Us

Press Releases

Bitcoin Price Prediction: BTC Could Climb Modestly to $130,000 as Ethereum (ETH) and Little Pepe (LILPEPE) Gear Up for Major Gains

September 2, 2025

Early Ozak AI Presale Entry Could Turn Small Stakes Into Huge Gains

September 2, 2025

Arlo AI Becomes First Project Accepted into Blockchain Conference’s Newly Formalized Incubator Program

September 2, 2025

Banana Pro: Crypto Trading Platform for Fast Solana Swaps, Sniping, and Multi-Wallet Control

September 2, 2025

Wyoming Reserve Partners with Global Gold to Launch First Fully Allocated U.S. Gold On-Chain

September 2, 2025

PPP MENA Forum

TOKEN2049

Forex Expo Dubai

Merge Madrid

HODL

Futurist Conference

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2025 Crypto Reporter