Scott Bessent: Treasury Won’t Bail Out Bitcoin
The post Scott Bessent: Treasury Won’t Bail Out Bitcoin appeared first on Coinpedia Fintech NewsU.S. Treasury Secretary Scott Bessent told Congress the government has no power to bail out Bitcoin or force private banks to buy it. In response to questioning by crypto critic Rep. Brad Sherman, Bessent stressed that interventions in Bitcoin markets are not part of the Treasury’s authority. He also confirmed that the U.S. will retain ...
ONLY AVAILABLE IN PAID PLANS
Published by: coinpedia
Read full article here: https://coinpedia.org/crypto-live-news/scott-bessent-treasury-wont-bail-out-bitcoin/
- Short News
- Crypto News
- Sohrab Khawas
- Business
- United States Of America
