Scott Bessent said at least 11 contenders are under review, and several of them have previously expressed favorable views toward crypto.
Coinbase Exchange has filed a lawsuit against the US SEC and Federal Deposit Insurance Commission for FOIA breach
Crypto-focused financial firm Custodia Bank has hired two legal solicitors from the Obama administration to fight the Federal Reserve
Custodia argued that without a master account, it would be at a considerable disadvantage compared to other banking institutions.
US presidential candidate Donald Trump has stated that he will “never allow” the creation of a CBDC in the country.
Despite clear opposition from personalities like Former US President Donald Trump, the Federal Reserve noted CBDC might be closer than ever
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