Treasury Secretary Scott Bessent reiterates ‘no CBDC’ commitment under Trump admin
During a Thursday press briefing, Bessent also urged the House and the Senate to get the Clarity Act to the finish line....
Key takeaways
- 1Treasury Secretary Scott Bessent reiterated Trump administration's commitment against developing a US CBDC.
- 2Bessent urged Congress to pass the Clarity Act to completion during a Thursday briefing.
- 3The US maintains opposition to central bank digital currency under current administration policy.
Why it matters
This stance impacts crypto market sentiment and regulatory direction in the US. For Indian investors tracking global crypto policy, US CBDC rejection signals continued preference for private digital assets and influences international regulatory frameworks.
Explore how Regulation is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.
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