Short News View Non-AMP

US Treasury: No Plans to Buy Bitcoin, Says Secretary Bessent

Published by
Qadir AK

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.

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.

Recent Posts

Coinbase CEO Armstrong Predicts a Fully On-Chain Future for All Assets

Brian Armstrong, CEO of Coinbase, believes that all assets will eventually move onto the blockchain. …

August 14, 2025

Singapore Leads in Tokenized Finance and Blockchain Innovation – Here’s How

Singapore is emerging as a leading hub for digital finance innovation. The city-state is quickly…

August 14, 2025

Could This Be the Most Famous Crypto to Ever Outperform ADA and SHIB?

The crypto landscape is crowded with projects vying for attention, but Mutuum Finance (MUTM) is…

August 14, 2025

Top 5 Cryptos to Buy Now to Turn $330 into $660,000 By 2027

The crypto market is heating up again. With Bitcoin regaining momentum and altcoin narratives back…

August 14, 2025

Crypto Market Sees Over $500M Wipeout as Hot PPI Data Crushes Hopes for Fed Rate Cuts

Over $500 million in cryptocurrency positions were liquidated in the past 1 hour as investors…

August 14, 2025

Altcoins Face ‘Rektember’ Risk – Will History Repeat or Surprise?

September has earned a dark nickname in the crypto world, “Rektember,” a month when digital…

August 14, 2025