U.S. Seeks Leadership in Digital Assets: Treasury Secretary Advocates

U.S. Treasury Secretary, Scott Besant, has urged for the nation’s dominance in the digital asset sphere, according to Blockbeats. His remarks come as Congress grapples with crafting a regulatory framework for cryptocurrencies. During a House Financial Services Committee hearing on Wednesday, Besant was pressed about the U.S.’s need to remain at the forefront of this burgeoning market. He stated firmly, ‘We believe that the U.S. should be the primary location for digital assets.’ Besant underscored the committee’s and Senate colleagues’ ongoing efforts to shape a robust market structure, aiming for U.S. industry standards to serve as global benchmarks.