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Treasury Secretary Scott Bessent reiterates 'no CBDC' commitment under Trump admin

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The Block Editorial
(02:53 AM UTC)
1 min read
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Approved bySarah Chen
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U.S. Treasury Secretary Scott Bessent reiterated that the current administration will not allow a central bank digital currency (CBDC), a digital form of money directly issued and regulated by the central bank. 

During a White House press briefing on Thursday, Bessent said CBDCs are clearly "off the table" and reaffirmed the Donald Trump administration's focus on making the U.S. a hub for…

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