US Plans $1B Crypto Seizure Tied to Iran, Bessent Says
TL;DR US Treasury Secretary Scott Bessent said the United States could seize $1 billion in cryptocurrency linked to Iran within the week. The announcement follows previous
Scott Bessent (Latest Publications)
Scott Bessent Defends US Economy Citing Stablecoin Adoption And Dollar Strength
TL;DR Bessent defended the U.S. economy by citing that the dollar participates in 89.2% of global foreign exchange market transactions. Most stablecoins are denominated in dollars,
Historic Injection or Political Desperation? The Impact of Trump’s Bitcoin Dividend Promise
The U.S. economy is once again caught between persistent inflation, rising public debt, and growing political pressure, while Bitcoin faces a macroeconomic environment that could significantly
Bessent Urges Senate to Advance CLARITY Act After Recess
U.S. Treasury Secretary Scott Bessent urged senators to advance the CLARITY Act when they return from the August recess, renewing his July call for action on
Has Bitcoin Finally Found Its Bottom? The Trap the Market Is Missing, According to Crypto Tips
Bitcoin is once again approaching a decisive area after falling from its all-time high of approximately $126,000 toward the $57,000-$58,000 region. The decline, equivalent to roughly
Arthur Hayes Warns Bessent Is Making the Same Liquidity Mistakes as Yellen
TL;DR Hayes warns that Scott Bessent is replicating Janet Yellen’s liquidity strategy, prioritizing short-term debt over long-term bonds. Yellen released nearly $2.4 trillion into the market
Stablecoins: U.S. Treasury Proposes New GENIUS Act Rules to Define Oversight
TL;DR: The U.S. Treasury Department submitted a proposal to implement the GENIUS Act, establishing key definitions. The industry and the public have 60 days to submit
OFAC Freezes $130M in Iran-Linked Wallets
Treasury Secretary Scott Bessent said July 14 that Treasury’s Office of Foreign Assets Control sanctioned multiple digital-asset wallets tied to the Central Bank of Iran, resulting
Treasury’s Bessent Says Bitcoin Reserve Effort Is Advancing With “Deliberate Speed”
TL;DR: Bessent told the Senate the strategic Bitcoin reserve is moving with “deliberate speed” and following best practices. The U.S. Treasury currently holds 328,372 BTC valued
Bessent Eyes Summer Win for Clarity Act as Bitcoin Reserve Plans Advance
United States Treasury Secretary Scott Bessent confirmed before the Senate Finance Committee that the department is moving at a “deliberate speed” to establish the strategic Bitcoin
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