US Treasury secretary nominee sees “no reason” for CBDC

Scott Bessent believes a CBDC is only for countries that have no other investment alternatives He adds that many countries are only issuing CBDCs “out of necessity” Scott Bessent, President-elect Donald Trump’s pick for US Treasury Secretary, has said he sees “no reason” for the US to have a central bank digital currency (CBDC). Bessent […] The post US Treasury secretary nominee sees “no... source: https://coinjournal.net/news/us-treasury-secretary-nominee-sees-no-reason-for-cbdc/