U.S. Treasury Secretary Scott Bessent is confident that people around the world are going to choose stablecoins over central bank digital currencies …
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secretary
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Scams
Treasury Secretary Bessent Says Stablecoins Can Bolster US Dollar ‘Supremacy’
by shayaanby shayaanIn brief Treasury Secretary Scott Bessent said stablecoins could strengthen dollar dominance and urged swift passage of federal crypto legislation. His comments …
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Regulation
Treasury Secretary Bessent says stablecoins are debt relief engine as Senate readies to vote on GENIUS Act
by shayaanby shayaanTreasury Secretary Scott Bessent stated on June 17 that stablecoins could cut federal borrowing costs and slow debt growth if Congress sends …
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Finance
U.S. Treasury Secretary Bessent Testifies Before the House of Representatives – Discusses U.S.-China Tariff Agreement
by shayaanby shayaanTreasury Secretary Scott Bessent testified today before the House Ways and Means Committee on the sweeping tariffs imposed by President Trump. Bessent …
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DeFi
U.S. Secretary of Commerce’s Company Cantor Fitzgerald Makes New Bitcoin Move
by shayaanby shayaanU.S.-based investment bank Cantor Fitzgerald LP has launched a $2 billion Bitcoin-backed loan program, providing financing to cryptocurrency companies FalconX Ltd. and …
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U.S. Treasury Secretary Scott Bessent told Bloomberg earlier this Friday that the world’s largest economy is “going big” on digital assets. According …
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Finance
Bad News from the US Treasury Secretary Regarding the US Sovereign Wealth Fund, Which Was Reportedly Planning to Purchase Bitcoin Too
by shayaanby shayaanUS Treasury Secretary Scott Bessent announced that the sovereign wealth fund plan launched at the behest of President Donald Trump has been …
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Regulation
US Cryptocurrency Friendly GENIUS Bill Rejected! US Treasury Secretary Made a Statement!
by shayaanby shayaanThe stablecoin law called “GENIUS Act”, which has been expected to be approved in the USA for a long time, was rejected …
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Smart Contracts
Treasury Secretary Bessent Blasts Senate for Blocking GENIUS Stablecoin Bill
by shayaanby shayaanIn short Treasury Secretary Scott Bessent called the Senate failure to promote genius law a missed opportunity to guarantee American leadership in …
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Adoption
Treasury Secretary Scott Bessent sees stablecoins creating $2T in demand for government debt
by shayaanby shayaanThe US Treasury could experience a surge in demand for government debt from the digital asset sector, potentially reaching $2 trillion over …
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