Scott Bessent Indicates Potential for U.S. Bitcoin Acquisitions
Treasury Secretary Scott Bessent has suggested that the government may consider expanding its Bitcoin reserves despite earlier statements to the contrary.
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Treasury Secretary Scott Bessent has suggested that the government may consider expanding its Bitcoin reserves despite earlier statements to the contrary.
The Japanese yen has gained strength against both the dollar and Bitcoin, as U.S. Treasury Secretary Scott Bessent suggests that the Bank of Japan will need to raise interest rates to combat inflation.
Following positive comments from Treasury Secretary Scott Bessent, altcoins like Ether and Cardano see significant gains, while Bitcoin's performance lags behind.
Scott Bessent predicts a significant rise in U.S. investments in cryptocurrency, estimating holdings could hit $2 trillion amidst increasing institutional interest.
Bessent indicates asset market corrections are normal, suggesting a delay in policy support.
Treasury Secretary Scott Bessent has recruited Tyler Williams from Galaxy Digital to provide guidance on digital assets and blockchain policies.
Scott Bessent's confirmation by the U.S. Senate as Treasury Secretary marks a significant move in Trump's administration, emphasizing crypto-friendly policies.
Scott Bessent, nominated by President-elect Trump for Treasury Secretary, expresses opposition to the idea of a U.S. central bank digital currency during his Senate hearing.
The Treasury nominee plans to divest Bitcoin ETF holdings and other investments to avoid conflicts of interest.
Donald Trump has selected cryptocurrency enthusiast Scott Bessent as his nominee for Treasury Secretary, pending Senate confirmation.
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