U.S. Treasury Secretary: Will end the regulatory crackdown on crypto assets and will think deeply about the stablecoin system
ChainCatcher message, 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 think deeply about the stablecoin system. As directed by Trump, we will maintain the United States' position as the dominant reserve currency in the world. We will achieve this through stablecoins. Technology is the foundation for President Trump; he embraces technology and will leverage it to move America forward."
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