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Donald Trump

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 <p class="paragraph">The presidential campaign is starting to pick up steam ahead of the elections later this year in the U.S., and former President Donald Trump, a prospective Republican candidate, just made an announcement that may prompt cryptocurrency investors to support him.</p>
 <p class="paragraph">In his address to his voters in Portsmouth, New Hampshire, on January 16, Trump shared his thoughts on a Central Bank’s Digital Currencies (CBDC’s).</p>
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  <p class="paragraph">“Tonight, I make another promise to protect Americans from government tyranny. As your president, I<a rel="noopener noreferrer nofollow" title="’ll" href="https://thebittimes.com/tag/ll.html">’ll</a> never allow the creation of a Central Bank Digital Currency.”</p>
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    <p lang="en" dir="ltr">Trump just said he would NEVER allow a CBDC (central bank digital currency) pic.twitter.com/Gurr8rmteN</p>— borovik.eth (@3orovik) January 18, 2024
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 <p class="paragraph">CBDCs are digitized or tokenized forms of currency issued and regulated by central banks, with the underlying technology possibly involving blockchain or other methods.&nbsp;</p>
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 <p class="paragraph">Despite the absence of a formal proposal from the Federal Reserve to implement a CBDC, the topic has become a significant point of discussion in U.S. politics, notably during political campaigns.</p>
 <h2 class="wp-block-heading" id="h-trump-s-previous-involvement-in-cryptocurrencies">Trump’s previous involvement in cryptocurrencies</h2>
 <p class="paragraph">In 2019, Trump disapproved of cryptocurrencies, stating he is ‘not a fan.’ He also said that he doesn’t view Bitcoin (BTC) and other digital assets favorably, as they are not recognized as forms of currency.&nbsp;</p>
 <p class="paragraph">Their value is notably volatile and perceived to be based on speculative factors. Unregulated crypto assets have the potential to facilitate illicit activities, such as the drug trade and other unlawful practices, as per the new presidential candidate.</p>
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    <p lang="en" dir="ltr">I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity….</p>— Donald J. Trump (@realDonaldTrump) July 12, 2019
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 <p class="paragraph">However, documents released in August 2023 disclosed that the former president holds over $2.8 million in cryptocurrency. Most probably in Ethereum (ETH), as crypto wallet tracker <em>Arkham Intelligence</em> revealed in a post on X on August 16.</p>
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    <p lang="en" dir="ltr">Donald Trump’s crypto holdings are now on Arkham.<br><br>We believe @realDonaldTrump owns the wallet 0x94845333028B1204Fbe14E1278Fd4Adde46B22ce<br><br>This is supported by information from his financial statement filed on August 14th. pic.twitter.com/SHZ3kxrnOe</p>— Arkham (@ArkhamIntel) August 16, 2023
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 <p class="paragraph">Despite skepticism towards cryptocurrencies during his presidency, Trump introduced a non-fungible token (NFT) project called Trump Digital Collectible Cards last year. This initiative <a rel="noopener noreferrer nofollow" title="Category Features" href="https://thebittimes.com/features.html">Features</a> digital cards adorned with images of the former president himself.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/donald-trump-says-he-ll-never-allow-a-cbdc-if-elected-tbt76962.html">https://thebittimes.com/donald-trump-says-he-ll-never-allow-a-cbdc-if-elected-tbt76962.html</a></p>

Donald Trump says he’ll ‘never allow a CBDC’ if elected

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TheBitTimes

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