U.S. Treasury Secretary Scott Bessent affirmed on Tuesday that he is not in favor of debuting a central bank digital currency, or …
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Treasurys
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Finance
Treasury’s Bessent vows to keep U.S. ‘the best place for capital to arrive’
by shayaanby shayaanU.S. Treasury Secretary Scott Bessent appeared on CNBC’s “Squawk Box” on Monday morning, offering a wide-ranging update on trade negotiations, global capital …
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Finance
Bitcoin Jumps as US Treasury’s Bessent Hints at ‘Perceived Progress’ on Trade Negotiations
by shayaanby shayaanThe price of Bitcoin jumped as high as $91,684 on Tuesday as investors weighed whether Washington’s tit-for-tat with Beijing on tariffs could …
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Finance
VanEck analyst criticizes US Treasury’s outdated stance on stablecoins
by shayaanby shayaanVanEck’s head of digital assets research, Matthew Sigel, criticized a recent US Treasury Department’s views on digital assets in a recent report, …