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Will Congress introduce legislation supporting a Federal Reserve digital currency by the end of 2025?
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Legislation records from the U.S. Congress
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Trump Prohibits Federal Reserve from Developing Digital Currency
Jan 24, 2025, 08:03 AM
Former President Donald Trump has issued a prohibition against the Federal Reserve's development of a digital currency. This decision has been reported by multiple sources, indicating a clear stance against the central bank's exploration of digital monetary options. The prohibition aligns with Trump's ongoing skepticism regarding digital currencies and their potential implications for the traditional banking system.
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