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BTCC / BTCC Square / Global Cryptocurrency /
Scott Bessent Advocates for U.S. Leadership in Crypto Market Structure

Scott Bessent Advocates for U.S. Leadership in Crypto Market Structure

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-05-08 20:29:02
0

Treasury Secretary Scott Bessent underscored the importance of robust cryptocurrency legislation during a May 7 House Financial Services Committee hearing. His testimony emphasized the need for the U.S. to establish a leading role in digital asset innovation, particularly through stablecoin regulation.

"We believe the United States should be the premier destination for digital assets," Bessent stated. He framed blockchain technology as a strategic tool to reinforce global usage of the U.S. dollar, advocating for market structures that could set international standards.

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