American President Donald Trump banned by decree on Thursday (23) that the Federal Reserve (Fed) develops a digital currency, a theme on which the American Central Bank never actually advanced. The new decree prohibits “creating, issuing or promoting a digital currency from a central bank [CBDC, na sigla em inglês]”And determines“ end ”all work linked to this possibility.
The alternative of a digital dollar was the subject of Fed Assessment, but without a resolution. Former President Joe Biden’s government was favorable to the idea, considering it offered advantages and opportunities. Nevertheless, it identified risks. The directors of the Fed, in turn, never hid their skepticism.
Last March, Central Bank President Jerome Powell insisted that the Fed was still “far away” from a CBDC, a digital dollar from the Central Bank. In any case, Trump’s decree seeks to boost the promotion of cryptocurrencies in the United States. It provides for the creation of a working group in charge of reflecting on the subject to present proposals to Congress and the President, strengthening the sector.
Trump launched a cryptocurrency, at $ Trump, on January 17, three days before taking over the presidency. The currency hit the market with $ 7 (about R $ 42) and reached US $ 34.72 (R $ 210), with a total market value of $ 6.94 billion (R $ 41.2 billion ) at 6:25 pm this Thursday, Brasília time. It is a “meme coin”, a cryptocurrency launched in the trail of a person’s popularity or a viral phenomenon.
*With information from AFP
Posted by Victor Oliveira
