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US Treasury Secretary Bessent says Trump made clear digital dollar is "anathema" to him

Newsquawk Staff ·

US Treasury Secretary Bessent says Trump made clear digital dollar is "anathema" to him.

What it means

Treasury Secretary Bessent's remarks that Trump sees a digital dollar as "anathema" might signal ongoing resistance to digital currency initiatives in the U.S. This could create uncertainty for crypto markets and influence regulatory considerations, impacting risk sentiment broadly, particularly for assets sensitive to monetary policy shifts.

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