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Trump Establishes U.S. Bitcoin Reserve After Banning CBDCs
Episode 1203
Published 11 months, 3 weeks ago
Description
Cryptocurrencies could soon be part of the U.S. national strategic reserve. During a recent event, President Donald Trump announced his administration is exploring ways to do this through bitcoin.
The move follows another Trump order where he banned central bank digital currencies (CBDCs), or government-backed digital currencies. Both actions could represent a break of the United States from a global trend of mass surveillance in digital payments.