<p><span style="font-weight: 400;">U.S.
Treasury Secretary Scott Bessent reiterated that the current administration will not allow a <a href="https://www.theblock.co/learn/251860/what-is-a-cbdc-a-beginners-guide-to-central-bank-digital-currencies">central bank digital currency</a> (CBDC), a digital form of money directly issued and regulated by the central bank. </span></p>
<p><span style="font-weight: 400;">During a White House <a href="https://www.whitehouse.gov/videos/secretary-of-the-treasury-scott-bessent-briefs-members-of-the-media-may-28-2026/">press briefing</a> on Thursday, Bessent </span><span style="font-weight: 400;">said</span><span style="font-weight: 400;"> CBDCs are clearly "off the table" and reaffirmed the Donald Trump administration's focus on making the U.S. a hub for digital assets.</span></p>
<p><span style="font-weight: 400;">"This administration has been very clear, there will be no central bank digital currency, which I think would be the first step toward tracking, so we have taken that off the table," Bessent </span><a href="https://x.com/RapidResponse47/status/2060064861787189433"><span style="font-weight: 400;">said</span></a><span style="font-weight: 400;">.
