US Treasury Secretary: Will end the regulatory crackdown on cryptocurrencies, and give a lot of thought to the stablecoin system
U.S. Treasury Secretary Scott Bessent stated at the Crypto Summit, "We will end the regulatory crackdown on digital assets. The actions of the Biden administration have done nothing but punish innovators and we will give a lot of thought to the stablecoin system. As directed by Trump, we will maintain America's dominant reserve currency status in the world. We will achieve this through stablecoins. Technology is fundamental to President Trump; he embraces technology and will use it to drive America forward."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%