Scott Bessent
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.
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.
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.
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.
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.
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.
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 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.
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.
MicroStrategy Adds $5.4B of Bitcoin; Trump Taps Pro-Crypto Scott Bessent for Treasury Secretary
MicroStrategy has added another 55,500 BTC to their stack in the most recent bitcoin purchase. The company now holds nearly 387,000 BTC in total. Plus, Tether is reportedly in talks with Cantor Fitzgerald to support the firm's plan for a bitcoin lending program and president-elect Trump picks pro-crypto hedge fund manager Scott Bessent for Treasury Secretary. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.
