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by: xpoolPosted on: May 7, 2025

US Treasury Secretary Supports Crypto Bills in Congressional Hearing

At a congressional hearing on May 7th, US Treasury Secretary Scott Bessent echoed Republican sentiment by voicing support for two critical bills aiming to regulate the cryptocurrency market. He expressed a desire to establish the United States as a leading global hub for digital assets and emphasized that strong market structure and stablecoin legislation will contribute to achieving this goal.

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