US Treasury Secretary Scott Bessent has clarified that his department is still exploring budget-neutral ways to buy Bitcoin for the Strategic Bitcoin Reserve — contrasting with his recent comments suggesting…
After saying earlier Thursday that the United States would not purchase Bitcoin for its planned strategic reserve, Treasury Secretary Scott Bessent apparently had a change of heart, again leaving the…
In brief
U.S. Treasury Secretary Scott Bessent said Thursday that the U.S. government will not be buying additional Bitcoin to supplement reserves of the token acquired via law enforcement seizures.
For months,…
Bitcoin dropped below a key support level Thursday after US Treasury Secretary Scott Bessent said the government had no plans to make additional purchases of Bitcoin for its Bitcoin and…
The yen (JPY) strengthened against the dollar (USD) and bitcoin after U.S. Treasury Secretary Scott Bessent said the Bank of Japan is behind the curve on inflation and will…
Major cryptocurrencies rose Sunday morning as the U.S. Treasury Secretary Scott Bessent hinted at upcoming trade deals before the July 9 Liberation Day tariff deadline.Bitcoin, the leading cryptocurrency by market…
In brief
Treasury Secretary Scott Bessent said stablecoins could strengthen dollar dominance and urged swift passage of federal crypto legislation.
His comments came as Trump pushed Congress to fast-track the GENIUS Act…
U.S. Treasury Secretary Scott Bessent recently said that stablecoins could play a big role in reducing the national debt. In a recent post on X, he said as the stablecoin…
U.S. Treasury Secretary Scott Bessent told Bloomberg earlier this Friday that the world's largest economy is "going big" on digital assets. According to Bessent, a lot of companies were "starved"…
In brief
Treasury Secretary Scott Bessent called the Senate’s failure to advance the GENIUS Act a missed chance to secure U.S. leadership in stablecoin regulation.
The bill collapsed after last-minute Democratic defections,…