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Bessent Reaffirms Trump Admin's No-CBDC Stance

Treasury Secretary Scott Bessent has publicly reiterated the Trump administration's firm opposition to a central bank…

Treasury Secretary Scott Bessent has publicly reiterated the Trump administration's firm opposition to a central bank digital currency, signaling that the White House's anti-CBDC posture remains intact heading into the next phase of US crypto policy.

The commitment tracks with President Trump's executive order from early 2025 that explicitly prohibited the development or promotion of a digital dollar. Bessent's reaffirmation is a signal to both domestic crypto markets and foreign trading partners that the US will not pursue a state-issued retail digital currency during this administration.

For crypto markets, the stance carries a dual read: it removes a potential regulatory competitor to private stablecoins and decentralized assets, but it also leaves the broader US digital-asset regulatory framework — covering exchanges, stablecoins, and DeFi — still largely unsettled.

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