Former US President Donald Trump has sparked a debate around digital currencies after his recent speech in New Hampshire. He vouched to block the creation of a Central Bank Digital Currency (CBDC) in the US and called it a ‘dangerous threat to freedom’. CBDCs are primarily digital representations of fiat currencies and as a concept. The idea of CBDCs has gained significant traction in several parts of the world including India.
In a video shared by Coinpedia on X (formerly known as Twitter), Trump said that he would never allow the creation of CBDCs to protect Americans from government tyranny.
