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  • Claim

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The Trump administration has prohibited federal agencies from developing a central bank digital currency (CBDC) while at the same time promoted the global adoption of dollar-backed stablecoins

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Cipollone’s remarks followed the first crypto-related executive order signed by the US President on Jan. 23. This order prohibited federal agencies from pursuing a central bank digital currency (CBDC) and laid a framework to bolster the adoption of dollar-backed stablecoins worldwide.

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Crypto news

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