Europe Needs Digital Euro, Central Bank Says After Trump Order Barring US CBDC

Quick Summary:

President Trump took a hardline stance against an American CBDC—but now the European Central Bank is even more eager about a digital euro.

Stablecoins are digital tokens, issued by companies, that are backed by assets such as treasuries, dollars, or gold.

And during his campaign, Trump promised to help the crypto community by never allowing a CBDC to be deployed in the United States, calling the technology a “dangerous threat to freedom.

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Article Details

Author / Journalist: Mathew Di Salvo

Category: Crypto

Markets: EstoniaUnited States

Topics: Donald Trump European Central Bank Stablecoin CBDC Law and Order Breaking Push Digital euro

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-24 @ 18:57:54 (1 days ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 417 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 25409060

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 1 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 17 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

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