US Treasury Secretary Rejects Federal Reserve CBDC

Posted: 2025-05-06 17:18:31 UTC

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2025-05-06 17:18:54 UTC

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Rollup News

US Treasury Secretary Scott Bessent stated that digital assets belong in the private sector, rejecting the idea of a Federal Reserve-issued CBDC.

Rejection of a Federal Reserve-issued CBDC

Belief that digital assets should remain in the private sector

US Treasury's stance on digital asset regulation

Regulation of digital assets

Government involvement in the digital asset space

Balancing innovation and regulatory oversight