Answer: United States
Notes: US President Donald Trump has banned the creation and issuance of Central Bank Digital Currency (CBDC) in the United States. Agencies are prohibited from promoting or issuing CBDCs without legal approval. The executive order defines CBDC as a digital currency directly backed by the central bank. Concerns cited include risks to privacy, sovereignty, and financial stability. The order promotes a private-sector-led digital asset ecosystem, focusing on dollar-backed stablecoins as alternatives. CBDCs differ from cryptocurrencies as their value is fixed by the central bank, with several countries adopting them for centralized digital currency control.
