Treasury Secretary Scott Bessent says the Trump administration is still moving ahead with a Strategic Bitcoin Reserve, while also pushing Congress to pass the CLARITY Act and finally give U.S. crypto markets a federal rulebook. Translation: Washington wants Bitcoin on the balance sheet, but it wants the paperwork, jurisdiction, and control knobs sorted first. Strategic […]
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Scott Bessent just made the Trump administration’s position on a U.S. central bank digital currency crystal clear: no CBDC, and yes to bringing crypto business back onto American soil where regulators can see it, tax it, and stop pretending it doesn’t exist. CBDC is “off the table” CLARITY Act pushed as the fix for U.S. […]
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Scott Bessent is telling Congress to stop dragging its feet and give U.S. crypto rules some actual teeth. The Treasury Secretary says the CLARITY Act is the path to bringing digital assets back onshore, making the United States the “home” for crypto business, and ending the regulatory mess that has pushed too many firms offshore. […]
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Scott Bessent Demands Clarity Act to Stop U.S. Crypto Exodus Is the U.S. on the brink of losing the crypto revolution? Treasury Secretary Scott Bessent is sounding the alarm, urging Congress to pass the Clarity Act with lightning speed to halt the bleeding of innovation to foreign shores. In a scathing Wall Street Journal op-ed, […]
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US Treasury Secretary Demands Swift Action on Crypto Market Structure Bill This Spring Treasury Secretary Scott Bessent has issued a no-nonsense call to Congress, demanding the passage of the CLARITY Act—a critical crypto market structure bill—before the spring legislative session ends. With Bitcoin and the broader cryptocurrency market caught in a storm of volatility, Bessent […]
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Scott Bessent Blames China’s Margin Crackdown for Gold’s Crash: What It Means for Bitcoin Gold prices plummeted last week after hitting record highs, and Scott Bessent, speaking on Fox News’ Sunday Morning Futures, laid the blame on speculative madness in China, intensified by a regulatory squeeze on margin trading. While the yellow metal’s meltdown grabs […]
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Scott Bessent Rejects Split with Trump on Dollar Policy, But Fed Drama Steals the Spotlight Treasury Secretary Scott Bessent has come out swinging against rumors of a rift with President Donald Trump over U.S. dollar policy, labeling the narrative a “false choice” in a recent CNBC interview. Yet, while he tries to redirect focus to […]
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Trump’s Treasury Secretary Drops a Bombshell: Move to El Salvador or Face Crypto Crackdown Treasury Secretary Scott Bessent has thrown down the gauntlet to the cryptocurrency industry with a blunt ultimatum: embrace U.S. regulation or pack your bags for El Salvador. Testifying before the Senate Banking Committee, Bessent slammed what he dubbed a “nihilist group” […]
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Treasury Secretary Bessent’s Fiery Hearing: Bitcoin, Crypto Regulation, and Economic Chaos in Focus U.S. Treasury Secretary Scott Bessent faced a storm of criticism and partisan jabs during a heated session with the House Financial Services Committee, defending the Trump Administration’s economic playbook. While presenting the Financial Stability Oversight Council’s annual report, discussions veered into tariffs, […]
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Treasury Secretary Scott Bessent’s Surprise Visit to Bitcoin Bar Sparks Industry Buzz Treasury Secretary Scott Bessent’s unannounced appearance at the grand opening of Pubkey DC, a Bitcoin-themed bar in Washington, has sent waves of excitement through the Bitcoin community. This unexpected move by a top US official has fueled discussions about Bitcoin’s growing cultural and […]
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