Niamh Harris – According to Fox Business the EO directs other federal agencies and departments to provide the group with recommendations about digital asset regulations that should be rescinded or modified”
InfoWars reports: Titled “Strengthening American Leadership In Digital Financial Technology,” the wide-ranging EO explicitly says CBDCs “threaten the stability of the financial system, individual privacy, and the sovereignty of the United States.”
🚨🚨 HUGE
Trump signs EO banning CBDC and rescinding Biden EO 14067.
Fighting 🇺🇸 Back 🇺🇸 Works 🇺🇸
So much winning.
pic.twitter.com/Ly6U10VdEa— Resist CBDC (@Resist_CBDC) January 23, 2025
Moreover, the Thursday order defines CBDCs as “a form of digital money or monetary value, denominated in the national unit of account, that is a direct liability of the central bank.”
You can read the full Executive Order HERE.
Critics online are celebrating the news.
🚨President Trump has signed an executive order banning Central Bank Digital Currency (CBDC)
This was going to be abused by big banks as a social credit score where they could freeze your money for wrong think
Huge day for freedom pic.twitter.com/QSyLZec5u7
— DC_Draino (@DC_Draino) January 23, 2025
NO DOOMING. Fighting back works. 💪
Trump issues EO banning CBDC.
” … prohibiting the establishment, issuance, circulation, and use of a CBDC within the jurisdiction of the United States.”
“Revocation of Executive Order 14067”
Link:https://t.co/9CK2V0jrGI pic.twitter.com/eNKleMiy4H
— Resist CBDC (@Resist_CBDC) January 23, 2025
Additionally, Trump’s order provides a comprehensive outline for the U.S. to adopt digital assets, according to Fox Business.
Trump’s order establishes the Presidential Working Group on Digital Asset Markets, which will develop a federal regulatory framework for digital assets, including stablecoins, and evaluate the creation of a strategic national digital assets stockpile. It will be chaired by the White House AI and crypto czar and include the treasury secretary, the chairman of the Securities and Exchange Commission (SEC), as well as other relevant department and agency heads.
“President Trump will help make the United States the center of digital financial technology by halting aggressive enforcement actions and regulatory overreach that have stifled crypto innovation under previous administrations,” the White House announcement said.
SF Source The People’s Voice Jan 2025