Trump promised to prevent the emergence of a digital dollar – Kommersant

Trump promised to prevent the emergence of a digital dollar - Kommersant

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The 45th President of the United States, Donald Trump, called the digital dollar a way to implement “government tyranny.” He promised that if elected head of state, he would not allow such a currency to appear.

“As your President, I will never allow the creation of a Central Bank digital currency. Such a currency would give the federal government… absolute control over your money. They can take your money and you won’t even know it’s gone,” Mr. Trump said at a campaign rally in New Hampshire (quoted by Bloomberg).

The Federal Reserve System (FRS) is exploring the possibility of creating a digital dollar, but has not made a decision on this matter. The regulator does not intend to act without the support of the legislative and executive authorities. According to Bloomberg, the idea of ​​a digital dollar has faced opposition from conservatives who believe it would allow the government to track purchases. Previously, Donald Trump’s competitor in the Republican Party primaries, Florida Governor Ron DeSantis, promised to prevent the emergence of a digital dollar.

About the prospects for the election of Mr. Trump – in the material “Kommersant” “Donald Trump confirmed the obvious”.

Leonid Uvarchev

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