US Crypto Seizures Tied to Iran Hit $1 Billion, Says Bessent
The United States Secretary of the Treasury, Scott Bessent, announced that the US administration reached a cumulative total of approximately 1 billion dollars in Iranian cryptocurrency
Scott Bessent (Latest Publications)
Treasury Secretary Scott Bessent Urges Congress to Pass Crypto Market Clarity Act
U.S. Treasury Secretary Scott Bessent told Congress that passing the Digital Asset Market Clarity Act is necessary to turn the country into the global crypto hub.
Bessent Says U.S. Crypto Seizures Tied to Iran Now Approach $500M
TL;DR: Bessent confirmed the U.S. seized nearly $500 million in Iranian crypto assets, surpassing the $344 million previously reported. Operation Economic Fury includes sanctions on 35
Bessent Sounds Alarm on Digital Asset Regulation, Urging Immediate CLARITY Act Approval
TL;DR: Bessent published a column in the Wall Street Journal urging Congress to pass the CLARITY Act before the Senate runs out of legislative time. The
Bessent’s ‘Recalcitrant Actors’ Remark Draws Sharp Response From Coinbase CEO
U.S. Treasury Secretary Scott Bessent sparked sharp controversy after pointing to “recalcitrant actors” as the forces blocking progress on crypto regulation in Congress.
 Bessent: Crypto Investor Confidence Will Climb After CLARITY Act Becomes Law
This Friday, in an interview with CNBC, United States Treasury Secretary Scott Bessent stated that the CLARITY Act will boost investor confidence and alleviate the historic
Bessent: U.S. Treasury Lacks Authority to Bail Out Bitcoin
TL;DR Treasury Secretary Scott Bessent told Congress that the federal government has no legal authority to bail out Bitcoin. The response followed a question from Representative
Government Can’t ‘Bail Out’ Bitcoin, Treasury Secretary Tells Congress
U.S. Treasury Secretary Scott Bessent told lawmakers during a House Financial Services Committee hearing that the government does not have the authority to bail out Bitcoin
$150B in Tax Refunds From Treasury Could Boost Crypto Traders
TL;DR Treasury Secretary Scott Bessent estimates refunds between $100 billion and $150 billion for the first quarter. The OBBBA law eliminates taxes on tips and overtime,
Treasury’s Bessent Prepares Sweeping Overhaul That Could Redefine Crypto Rules
TLDR: Scott Bessent, Chair of the FSOC, is preparing a new policy that will shift the regulatory focus from “tightening” to “removing undue burdens.” The FSOC
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