{"id":6527,"date":"2025-08-01T16:53:16","date_gmt":"2025-08-01T16:53:16","guid":{"rendered":"https:\/\/bitunikey.com\/news\/treasury-secretary-bessent-says-u-s-at-golden-age-of-crypto\/"},"modified":"2025-08-01T16:53:19","modified_gmt":"2025-08-01T16:53:19","slug":"treasury-secretary-bessent-says-u-s-at-golden-age-of-crypto","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/treasury-secretary-bessent-says-u-s-at-golden-age-of-crypto\/","title":{"rendered":"Treasury Secretary Bessent says U.S. at Golden Age of crypto"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">U.S. Treasury Secretary Scott Bessent says the United States has entered a golden era of cryptocurrency as it looks to unlock new possibilities with blockchain technology.<\/p>\n<div id=\"cn-block-summary-block_aa3616099681e86a40573723733f1a3f\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>U.S. Treasury Secretary Scott Bessent posted on X that the U.S. has entered a new age with crypto.<\/li>\n<li>Companies and protocols should build their projects in the United States as the sector receives much needed regulatory clarity and support.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Bessent\u2019s comments come as the U.S. cryptocurrency space experiences notable growth and backing under President Donald Trump.<\/p>\n<p>Among key milestones are the landmark Genius Act, the President\u2019s Working Group on Digital Assets report, and the Securities and Exchange Commission\u2019s \u201cProject Crypto\u201d initiative. The Treasury Secretary has previously voiced his support for crypto by vowing to help make the U.S. the destination for the world\u2019s crypto capital.<\/p>\n<p>With the U.S. entering a golden age in crypto, Bessent says the industry can help advance this further by founding companies and launching protocols in the United States.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cUnder POTUS we are exploring new possibilities in decentralized computing and digital payments to unlock the potential of blockchain technology,\u201d the Treasury Secretary <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/SecScottBessent\/status\/1951287059219349891\" target=\"_blank\">posted<\/a> on X.<\/p>\n<\/blockquote>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Ending the war on crypto<\/h2>\n<p>Bessent also highlighted America\u2019s march to the \u201cGolden Age of Crypto\u201d in a <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/home.treasury.gov\/news\/press-releases\/sb0216\" target=\"_blank\">speech<\/a> on July 30 as the PWG report was released. <\/p>\n<p>According to him, Trump\u2019s election as the 47th U.S. president marked a key moment in the country\u2019s crypto journey.<\/p>\n<p>What that moment \u201cushered in stands in stark contrast to recent history\u201d, he noted. Regulation is a key win.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cBefore President Trump took office, digital assets endured a four-year siege from a hostile White House that took extraordinary measures to drive fintech innovation offshore,\u201d Bessent said.<\/p>\n<\/blockquote>\n<p>Things have changed since, with the previous administration\u2019s \u201canti-crypto army\u201d that dominated key government agencies now out. Crypto is now a central component of U.S. digital asset policy, and legitimate businesses can take advantage, particularly in areas such as Bitcoin mining and stablecoin issuance.<\/p>\n<p>On July 31, SEC Chair Paul Atkins said Project Crypto aims to support Trump\u2019s vision of making America the crypto capital of the world.<\/p>\n<p>The SEC also eyes simple rules of engagement for the crypto market, one of the steps towards attracting crypto companies back to the U.S. SEC has also moved to encourage regulatory compliance with new listing standards for crypto exchange-traded funds.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>U.S. Treasury Secretary Scott Bessent says the United States has entered a golden era of cryptocurrency as it looks to unlock new possibilities with blockchain technology. Summary U.S. Treasury Secretary&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6528,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6527","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=6527"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6527\/revisions"}],"predecessor-version":[{"id":6529,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6527\/revisions\/6529"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/6528"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=6527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=6527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=6527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}