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U.S. Treasury Secretary Nominee: 'No Reason to Create CBDC'

Source
JH Kim
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  • Scott Bessent stated that there is no reason to create a CBDC.
  • A crypto-friendly figure has been nominated as the Treasury Secretary.
  • It is necessary to pay attention to the policy direction of the second Trump administration.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

According to the virtual asset (cryptocurrency) specialized media Watcher Guru X (formerly Twitter) account on the 16th (local time), Scott Bessent, a crypto-friendly figure nominated as the Treasury Secretary for the second Trump administration, stated that "there is no reason to create a Central Bank Digital Currency (CBDC)."

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