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U.S. Should be Premier Destination for Digital Assets: Treasury Secretary Scott Bessent
U.S. Should be Premier Destination for Digital Assets: Treasury Secretary Scott Bessent
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Treasury Secretary Scott Bessent has called for the United States to position itself as the global leader in digital assets during a congressional hearing. Emphasizing the transformative potential of these assets, Bessent argued that they could reinforce the dominance of the U.S. dollar while driving financial innovation.
"We believe the United States should be the premier destination for digital assets," Bessent stated. He highlighted stablecoin legislation as a key driver for increasing the global usage of the dollar. The remarks underscore a growing push for regulatory clarity and institutional adoption in the crypto space.
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