Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Trump Bans Federal CBDC, Supports Private Digital Assets

Trump Bans Federal CBDC, Supports Private Digital Assets

Coinlineup2025/08/15 19:25
By:Coinlineup
Key Takeaways:
  • Trump bans federal CBDC issuance, promoting private sector innovation.
  • U.S. securities laws could adapt, easing digital asset trading.
  • Impact: Major shift in U.S. crypto regulatory landscape.
Trump Bans Federal CBDC, Supports Private Digital Assets

Central banks are focusing on moderate liquidity and digital innovations. The U.S. restricts central bank digital currencies (CBDCs), endorsing private digital assets. European banks push wholesale CBDC pilots with distributed ledger technology. [*Source: Central Bank and U.S. Government Policies.*]

President Donald Trump enacted legislation on January 23, 2025, prohibiting federal central bank digital currency (CBDC) issuance, prioritizing private digital asset innovation in the United States.

The U.S. moves away from federal CBDC development, instead backing private sector involvement, impacting global digital currency efforts.

The President’s decision marks a pivotal shift in U.S. policy, aiming to safeguard financial stability and individual privacy. President Trump asserted that CBDCs threaten U.S. sovereignty, urging private innovation. The President’s Working Group on Digital Asset Markets will offer new regulatory structures, likely enhancing market clarity and supporting innovation .

The decision affects various industries by potentially fostering a more robust digital asset market. Stablecoin providers, in particular, are expected to benefit from enhanced regulatory support. The European Central Bank, meanwhile, advances wholesale CBDC pilots, aligning with digital innovation initiatives globally.

Financial implications include broader institutional participation in digital markets, with Tether’s $13.7 billion profit signaling increased involvement. The U.S. regulatory framework could further diversify financial services, paving the way for technological advancements and new opportunities in the sector.

The shift aligns with U.S. opposition to CBDCs, contrasting global efforts, especially within EU’s wholesale CBDC trials. Regulatory clarity may heighten institutional interest, affecting governance, asset classes, and compliance landscapes. These steps reflect strategic priorities aiming to reshape the financial ecosystem.

“Measures will be taken to protect Americans from the risks of CBDCs, which threaten financial system stability, individual privacy, and US sovereignty. This includes prohibiting the establishment, issuance, and use of CBDCs within the United States.” – Donald Trump, President, United States
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!