The Uniswap Foundation spearheaded a coalition of 18 major cryptocurrency organizations in petitioning Treasury Secretary Scott Bessent for federal guidance on decentralized …
secretary
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Adoption
Commerce Secretary Lutnick announces plans to issue US GDP statistics on blockchain
by shayaanby shayaanCommerce Secretary Howard Lutnick announced the Department of Commerce will begin issuing GDP and other economic statistics on blockchain during a White …
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In brief U.S. Treasury Secretary Scott Bessent said Thursday that the U.S. government will not be buying additional Bitcoin to supplement reserves …
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Regulation
Fed Rate Cut Now Would Be ‘Playing With Fire’ Amid Risk of Credibility Loss, Says Former Treasury Secretary Larry Summers
by shayaanby shayaanFormer U.S. Treasury Secretary Larry Summers believes there is no urgent need for the Federal Reserve to cut interest rates. In a …
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Finance
US Treasury Secretary Bessent Reveals His Expectation for Today’s FED Interest Rate Decision
by shayaanby shayaanAs the Fed prepares to announce its interest rate decision this evening, it finds itself under historically intense political pressure. US Treasury …
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Regulation
Advisor to the US Treasury Secretary Joe Lavorgna Makes Important Statements About the Future of Cryptocurrencies
by shayaanby shayaanThe US House of Representatives took a historic step in the cryptocurrency space. Three bills, the “Clarity Act,” the “GENIUS Act,” and …
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Regulation
Treasury Secretary Scott Bessent Says US Dollar Coming On-Chain As Landmark Stablecoin Bill Becomes Law
by shayaanby shayaanThe secretary of the Department of the Treasury says the dollar will now be integrated into blockchains as the US passes a …
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Markets
Markets Will Choose US-Regulated Stablecoins Over CBDCs ‘All Day, Every Day,’ Says Treasury Secretary Scott Bessent
by shayaanby shayaanU.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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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 …