Scott Bessent


Policy

As Meta Said to Mull Tokens, Senator Warren Calls for Blocking Big Tech Stablecoins

While the top Democrat on the Senate Banking Committee argues for stablecoin limits, she and colleagues also questioned Binance's talks with Treasury.

Senator Elizabeth Warren (	Kayla Bartkowski/Getty Images)

Markets

With Gold Stalling, Is It Bitcoin’s Turn? Traders Eye $95K as Key Breakout Level

Wednesday's crypto rally stalled as Bessent reiterated the difficulties in making a deal with China.

CDCROP: Gold bars stacked close up (Unsplash)

Policy

Trump's Treasury Secretary Bessent Approved, Likely Tackling Taxes Before Crypto

The new Treasury Department chief didn't bring up crypto policy at his nomination hearing, but he'll have enormous reach into topics vital to the industry.

Trump Treasury pick Scott Bessent

Policy

Trump Treasury Pick Bessent Opposes Idea of U.S. Central Bank Digital Currency

Scott Bessent, who is immersed in the Senate confirmation process as President-elect Donald Trump's Treasury secretary nominee, only addressed crypto briefly.

Billionaire hedge fund manager Scott Bessent

Markets

Trump's Treasury Pick to Divest Bitcoin ETF Holdings to Eliminate Conflict of Interest: Report

Trump's Treasury nominee Scott Bessent plans to liquidate a string of investments, including BTC ETF, to avoid a potential conflict of interest.

U.S. Treasury pick up to divest host of investments. (Pixabay)

Mga video

MicroStrategy Adds $5.4B of Bitcoin; Trump Taps Pro-Crypto Scott Bessent for Treasury Secretary

MicroStrategy has added another 55,500 BTC to their stack in the most recent bitcoin purchase. The company now holds nearly 387,000 BTC in total. Plus, Tether is reportedly in talks with Cantor Fitzgerald to support the firm's plan for a bitcoin lending program and president-elect Trump picks pro-crypto hedge fund manager Scott Bessent for Treasury Secretary. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.

MicroStrategy Adds $5.4B of Bitcoin; Trump Taps Pro-Crypto Scott Bessent for Treasury Secretary

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