Scott Bessent


Policy

U.S. Financial-Risk Watchdog, FSOC, Erased Digital Assets as a Potential Hazard

From Donald Trump's crypto-friendly regulators, the yearly report that once flagged financial-stability risks is no longer issuing "vulnerability" warnings.

Treasury Secretary Scott Bessent (Michael M. Santiago/Getty Images)

Policy

U.S. Clears Way for Crypto ETPs to Get Into Yield Without Triggering Tax Problems

The Internal Revenue Service issued new guidance that Treasury Secretary Scott Bessent said offers a "clear path" to stake digital assets for trusts.

IRS (Jesse Hamilton/CoinDesk)

Policy

U.S. Treasury Takes Next Step in Turning GENIUS Act Into Stablecoin Regulations

The crypto industry has entered the long slog of rule writing on the stablecoin law, and the Treasury is inviting input on how to deal with illicit activity.

Treasury Department columns and statue (Jesse Hamilton/CoinDesk)

Opinion

Washington’s Crypto Pivot Isn’t About Silicon Valley. It’s About Treasuries

Stablecoins are not just a tool for crypto traders, Pure Crypto co-founder Zach Lindquist argues. They’ve become a uniquely efficient channel for Treasury demand.

Jamieson Lee Greer, U.S. Trade Representative sits with U.S. Treasury Secretary Scott Bessent ( CC by 4.0/Reuters/Modified by CoinDesk)

Advertisement

Markets

Yen Rises Against Bitcoin, Dollar as Scott Bessent Predicts Bank of Japan Rate Hike

The yen is no longer the most attractive funding currency, and the currency's strength may not necessarily lead to broad-based risk aversion, one expert said.

Close up of the red circle at the center of the Japanese flag. (DavidRockDesign/Pixabay)

Policy

As Meta Said to Mull Tokens, Senator Warren Calls for Blocking Big Tech Stablecoins

While the top Democrat on the Senate Banking Committee argues for stablecoin limits, she and colleagues also questioned Binance's talks with Treasury.

Senator Elizabeth Warren (	Kayla Bartkowski/Getty Images)

Markets

With Gold Stalling, Is It Bitcoin’s Turn? Traders Eye $95K as Key Breakout Level

Wednesday's crypto rally stalled as Bessent reiterated the difficulties in making a deal with China.

CDCROP: Gold bars stacked close up (Unsplash)

Policy

Trump's Treasury Secretary Bessent Approved, Likely Tackling Taxes Before Crypto

The new Treasury Department chief didn't bring up crypto policy at his nomination hearing, but he'll have enormous reach into topics vital to the industry.

Trump Treasury pick Scott Bessent

Advertisement

Policy

Trump Treasury Pick Bessent Opposes Idea of U.S. Central Bank Digital Currency

Scott Bessent, who is immersed in the Senate confirmation process as President-elect Donald Trump's Treasury secretary nominee, only addressed crypto briefly.

Billionaire hedge fund manager Scott Bessent

Markets

Trump's Treasury Pick to Divest Bitcoin ETF Holdings to Eliminate Conflict of Interest: Report

Trump's Treasury nominee Scott Bessent plans to liquidate a string of investments, including BTC ETF, to avoid a potential conflict of interest.

U.S. Treasury pick up to divest host of investments. (Pixabay)

Pageof 1