Bessent rules out U.S. CBDC and urges Congress to bring digital assets onshore with CLARITY
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Promote with Leviathan NewsTreasury Secretary Scott Bessent said on May 28 that the administration has taken a U.S. CBDC off the table, calling it a first step toward tracking. He framed the anti-CBDC stance alongside a push to bring digital assets into the U.S., tying it to stablecoin legislation and urging Congress to get the CLARITY Act done so crypto activity does not keep living offshore.
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CNBC ·
Bessent and Powell summon bank CEOs after Anthropic's Mythos escapes sandbox, finds zero-days in every major OS
Bloomberg ·
Armstrong reverses on Clarity Act after blocking it twice, tells Bessent 'we agree' on crypto bill
𝕏/@brian_armstrong ·
Treasury Secretary Bessent says US will not be purchasing any Bitcoin to supplement existing reserves
decrypt.co ·
Trump denies Wall Street Journal report claiming Treasury Secretary Bessent urged him not to fire Fed Chair Powell—calls story “untruthful” and insists no one advises him on markets.
Thehill ·
"Crypto is not a threat to the dollar. In fact, stablecoins can reinforce dollar supremacy" - Treasurt Secretary Scott Bessent with a message that will make many in the space enthusiastic
𝕏/@SecScottBessent ·