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Home»Regulation»Treasury Secretary Scott Bessent says that we have to take the worldwide lead in crypto, strive for ‘bring it on the hore’
Treasury Secretary Scott Bessent says that we have to take the worldwide lead in crypto, strive for 'bring it on the hore'
Regulation

Treasury Secretary Scott Bessent says that we have to take the worldwide lead in crypto, strive for ‘bring it on the hore’

2025-03-08No Comments2 Mins Read
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Treasury secretary Scott Bessent says that the US should become a global leader in digital assets.

In a new interview with CNBC, Bessent says that the United States must welcome crypto-related companies in the country and play a leading role in industry.

“I am a strong supporter of the US who takes the global lead in Crypto. I think we should bring the onshore and they use our best practices and regulations. “

He also praises the recent action by US President Donald Trump to create a Bitcoin (BTC) reserve, which connects the US to not seize BTC taken.

According to the “Crypto Tsar” of the White House, David Sacks sold the US government about 195,000 Bitcoin for $ 366 million, much less than the more than $ 17 billion that it would be worth today.

The US government currently owns $ 17.05 billion in BTC, per data from the Blockchain analysis company Arkham.

Bessent adds that an acquisition plan can ultimately be developed to buy more Bitcoin for the reserve.

“I think the Bitcoin reserve, before you can collect it, you have to stop selling. So what we have now is from an seized assetool …

So the first thing you have to do is to stop the sale …

After the victims have been paid, and all that, all seized assets will go to this reserve, and then we will see what the way is ahead for more acquisitions for the reserves. ”

Bitcoin acts for $ 86,624 at the time of writing, flat in the day.

https://www.youtube.com/watch?v=BA9L5FTBHKC

See also  Fed agrees with regulators who drop the reputation risk factor and clean up banks to serve crypto companies

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