#TrumpCryptoOrder Donald Trump fulfills promise to crypto community, bans CBDCs: What it means

US President Donald Trump has signed an executive order banning the creation and issuance of Central Bank Digital Currencies (CBDCs) in the United States. During his presidential campaign, Trump had repeatedly stated that banning CBDCs would be one of his agenda items once he took office. This is Trump’s first major move regarding bitcoin and cryptocurrencies in his presidency.