Donald Trump Again Rejects CDBC In His Campaign

- Former President of the United States and current presidential candidate, Donald Trump,

JAKARTA - Former President of the United States and current presidential candidate, Donald Trump, are once again discussing the topic of central bank digital currency (CBDC). He awarded "full credit" to Vivek Ramaswamy, a former Republican presidential candidate who withdrew from the race following disappointing results.

During a campaign in Laconia, New Hampshire, on January 22, Trump announced to the public that Ramaswamy was the only presidential candidate with a crypto framework in his program asking him to return to raise questions about the possibility of CBDC in the United States. After a brief confession that he did not like Ramaswamy until he defeated him, Trump repeated his latest claim that he would never allow CBDCs.

Trump first mentioned CBDC was during a campaign speech at Portsmouth, New Hampshire, on January 17. At that time, the former president said, "I would never allow the creation of a central bank digital currency," adding that the currency would grant the federal government "absolute control" over citizens' money.

Although Trump was previously unknown for his very different attitudes towards crypto in addition to some negative comments about Bitcoin during his presidency Vivek Ramaswamy and Florida Governor Ron DeSantis discussed the subject in their presidential campaign.

Both former candidates have now suspended their campaigns. Ramaswamy came out on January 16, and supported Trump. DeSantis officially ended his campaign on January 21 after losing 21 big points to Trump during the Iowa causal. DeSantis has also confirmed his support for Trump, who has repeatedly mocked the politician in recent months.

On January 19, US Vice Member of Congress, Tom Emmer expressed his support for Trump's promise to fight the CBDC, claiming that he hopes to cooperate with Trump "against developing surveillance countries."

Emmer has spoken in support of digital assets on many occasions and has history against a regulatory approach by law enforcement from the US Securities and Exchange Commission and its Chairman, Gary Gensler.