Surrounded by lawmakers, President Donald Trump will sign the law on “genius acts” at a ceremony in the Eastern Room of the White House on July 18, 2025. Anna Money Maker/Getty Images
Central bank digital currency (CBDC) will not be allowed in the US, President Donald Trump said at a White House event on July 18th, pledging to take legislative measures to prevent such a situation.
“I am also fully committed to my pledge and do not allow central bank digital currency in America,” Trump said. “In my first week, I signed an executive order to ban the creation of CBDCs in the United States, and I look forward to signing the law that will soon make it a permanent law.”
