U.S. Treasury Secretary Declares Golden Age of Crypto Under Trump Administration

U.S. Treasury Secretary Scott Bessent has proclaimed the dawn of a "Golden Age of Crypto" in America, emphasizing regulatory clarity and institutional support as catalysts for blockchain innovation. The announcement, made via social media platform X, aligns with key legislative milestones including the Genius Act and the SEC's Project crypto initiative.

Bessent urged crypto enterprises to establish operations in the United States, citing the TRUMP administration's proactive stance on digital assets. "We're exploring decentralized computing and digital payments to unlock blockchain's full potential," the Secretary stated, framing crypto adoption as a national economic priority.

The Treasury's endorsement follows the President's Working Group report on digital assets, marking a strategic shift from regulatory skepticism to structured embrace. Market observers note this positions the U.S. to potentially overtake offshore crypto hubs through policy-driven institutional adoption.