🇺🇸 TREASURY WANTS CRYPTO IN AMERICA, NOT OUTLAWED OVERSEAS
Treasury Secretary Bessent told Congress the U.S. must become the global home for digital assets or risk losing the tech — and the dollars — to rogue regimes.
Backing Trump’s push for reshoring innovation, Bessent argued that a clear, market-friendly crypto rulebook would attract firms and cement the dollar’s dominance.
The plan: let banks play too.
From Bitcoin to custody coins, Washington’s betting that crypto done right is a national security asset.
Source: Fox Business
U.S. TREASURY TOOK ANOTHER STEP TOWARDS BITCOIN
Scott Bessent is stepping in as Treasury secretary, and he’s all about digital assets.
The anticipation? Lummis’s Strategic Bitcoin Reserve might actually happen.
States like Texas and PA are already stacking sats with bitcoin reserves. Even Trump’s backing a national BTC play.
Ripple’s Garlinghouse says Bessent could be the strongest pro-crypto pick yet.
Bottom line: Markets are hyped, innovation’s on the table, and fiscal policy might just get decentralized.
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