U.S. Secretary of the Treasury: Disagree with Fed's digital currency

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The U.S. Secretary of the Treasury does not support the issuance of a national cryptocurrency

On May 6, according to information from Jinshi, U.S. Treasury Secretary Benson clearly stated that he does not support the Federal Reserve's issuance of a national cryptocurrency. While this is just a personal opinion, it could spark many discussions within the fintech community.

Mr. Benson's statements emphasize a cautious perspective on the nationwide adoption of cryptocurrency. According to him, although blockchain technology offers many potential benefits, careful consideration of the potential risks regarding security and financial stability is necessary.

This information is for market informational purposes only and is not intended as investment advice. Management and decisions related to cryptocurrency trends should be based on market information review and expert consulting.

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