
Trump Ally’s CBDC Rejection: Will the US Miss Out on the Digital Revolution?
Analysis of the US Central Bank Digital Currency (CBDC) Initiative The recent statement by Scott Bessent, President-elect Donald Trump’s Treasury Secretary nominee, has sparked significant interest in the cryptocurrency community. During his Senate confirmation hearing, Bessent rejected the need for a US central bank digital currency (CBDC), stating, “I see no reason for the US…