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Crypto News

General category for all types of news related to the cryptocurrency world.

US Treasury Nominee Rejects CBDC Need

Scott Bessent, Treasury Secretary nominee under President-elect Donald Trump, expressed skepticism about a US central bank digital currency (CBDC), arguing it’s unnecessary given secure US investment options. His stance contrasts with the Federal Reserve’s ongoing exploration of CBDCs since 2021. #Update #Crypto (+3) →