Washington: The Trump administration has ruled out the creation of a US central bank digital currency (CBDC), with Treasury Secretary Scott Bessent arguing that government-issued digital money could become a tool for tracking financial activity and threatening personal freedoms. At a White House briefing, Bessent said the administration’s position on a digital dollar was unequivocal. … Continue reading US Rejects Central Bank Digital Currency (CBDC) Push, Citing Privacy and Financial Stability Concerns