Browsing: digital currency news
Latest digital currency news news, price updates, and AI-powered insights from Bpay News. Stay informed on global crypto trends.
In a recent Congressional testimony, US Treasury Secretary Scott Bessent stated unequivocally that the US will not engage in a “Bitcoin bailout,” reaffirming the government’s stance on the cryptocurrency ecosystem.Bessent emphasized that while the Treasury will retain the Bitcoin acquired through asset seizures, it will not intervene in the market by directing private banks to purchase more Bitcoin amidst economic fluctuations.