Treasury 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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secretary
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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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Regulation
$2,000,000,000,000 in Demand for US Treasuries Could Come From Digital Assets in Coming Years: Treasury Secretary Scott Bessent
by shayaanby shayaanUS Treasury Secretary Scott Bessent says digital assets may create a $2 trillion demand for US Treasuries in the coming years. In …
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Adoption
US Commerce Secretary Howard Lutnick reiterates Bitcoin is a commodity, should be treated like gold
by shayaanby shayaanSecretary of Commerce Howard Lutnick said the US is embracing Bitcoin (BTC) businesses, signaling a sharp policy shift from the Biden administration’s …
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Markets
U.S. Commerce Secretary Lutnick’s Son Teams Up With Tether, SoftBank for $3B Bitcoin SPAC: FT
by shayaanby shayaanBrandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick and chair of Cantor Fitzgerald, is launching a listed bitcoin investment vehicle backed …