The U.S. Senate has confirmed Scott Bessent, a known cryptocurrency supporter, as the new Treasury secretary. Bessent, a billionaire hedge fund manager, has voiced strong support for the crypto industry, calling it “here to stay” and opposing the idea of a U.S. central bank digital currency. Bessent will also join the “Presidential Working Group on Digital Asset Markets,” tasked with creating a federal framework for regulating digital assets and exploring a national digital assets stockpile. However, Ripple CEO Brad Garlinghouse congratulated Bessent, expressing confidence in his ability to promote innovation in crypto and technology. As Treasury secretary, Bessent is expected to align with Trump’s economic policies, which include tariff reforms and tax cuts.
Particularly with its continuous legal saga and institutional emphasis, Ripple (XRP) has long been the…
MTT Sports, the pioneering Web3 sports competition platform, is set to make a bold statement…
Story Highlights The Ethereum price today is . ETH price with a potential surge could…
The Solana ecosystem has seen a rapid rise in community-driven tokens, especially with platforms like…
The crypto market is surging today with the majority of the coins gaining up to…
After months of market silence, the crypto market is back in action. Bitcoin has jumped…
