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Appearing at Thursday’s Digital Asset Summit, US President Donald Trump has urged Congress to pass stablecoin legislation. During his speech, he reiterated his commitment to the asset class that has been a focal point of his administration since returning to the White House in January. Trump said he “called on Congress to pass landmark legislation creating simple, common-sense rules for stablecoins and market structure.” Moreover, he noted that such legislation will, ultimately, have a positive effect on ensuring the US dollar’s status as the world’s currency. JUST IN: President Trump calls on Congress to pass crypto stablecoin legislation. — Watcher.Guru (@WatcherGuru) March 20, 2025 Also Read: Trump Administration Discusses Acquiring Bitcoin “We Want as Much as We Can Get” US President Trump Speaks at Digital Asset Summit, Urges Congressional Action on Stablecoin Legislation During his campaign for reelection last year, both cryptocurrencies and the US d...

Congressman Tom Emmer made the anti-CBDC comments to an audience at the Cato Institute, a think tank in Washington. United States Congressman Tom Emmer believes the launch of programmable central bank digital currency (CBDC) in the country could strip American citizens of their financial privacy. Speaking at the Cato Institute, a Washington DC-based libertarian think tank on Mar. 9, Emmer explained that the programmable CBDC would be “ easily weaponized ” as a spying tool to “choke out politically unpopular activity,” among other things: As the federal government seeks to maintain and expand financial control to which it has grown accustomed, the idea of the central bank digital currency has gained traction within the institutions of power in the United States as a government-controlled programmable money that can be easily weaponized into a surveillance tool.” The Minnesota Representative introduced the CBDC Anti-Surveillance Act on Feb. 22 to halt the progress of The Digital Dollar...