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US Treasury Secretary Bessent has confirmed that the government is not planning to buy Bitcoin at this time. His remarks put to rest speculation about potential US entry into the crypto market. While acknowledging the growing role of digital assets, Bessent emphasized that the Treasury’s current focus remains on regulation and oversight rather than direct investment. The statement reflects a cautious approach as policymakers weigh the risks and opportunities in the evolving cryptocurrency landscape.
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- Qadir AK
Qadir AK
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
- Aug 14, 2025 13:52 UTC
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US Treasury: No Plans to Buy Bitcoin, Says Secretary Bessent
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