On the 6th (local time), according to the cryptocurrency specialist media Watcher Guru, US Treasury Secretary Scott Besant stated that "Central Bank Digital Currency (CBDC) is a symbol of weakness" and that "the Federal Reserve will not support its issuance."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
!["No U.S. government backstop" shock…Bitcoin retreats to the $60,000 level; Ethereum also rattled [Lee Su-hyun’s Coin Radar]](https://media.bloomingbit.io/PROD/news/a68e1192-3206-4568-a111-6bed63eb83ab.webp?w=250)
