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Stories tagged Scott Bessent.
Regulation
Bessent Targets $1B Iran-Linked Crypto Seizure This Week; Asset and Method Undisclosed
Bessent says the US will probably seize $1B in Iran-linked crypto this week. Two outlets confirm the claim; which asset and how…
Regulation
Bessent Publicly Presses Senate to Advance Clarity Act Before Next Week’s Vote
Treasury Secretary Scott Bessent pushed the Senate to advance the Clarity Act, with a procedural vote confirmed for next week by two…
Regulation
Treasury Opens Stablecoin Rulemaking Under GENIUS Act, Bars Unlicensed Issuers
Treasury's NPRM sets licensing rules for payment stablecoins as Bessent vows to keep the US the "crypto capital of the world."
Regulation
Treasury Opens 60-Day Comment Window as GENIUS Act’s Jan. 18, 2027 Deadline Looms
US Treasury proposed GENIUS Act stablecoin rules Monday, missing a July deadline, with the law taking effect Jan. 18, 2027 regardless.
Regulation
Bessent Invokes Satoshi Quote, Presses Senate to Pass Clarity Act Before Recess
Treasury Secretary Scott Bessent quoted Satoshi Nakamoto on X, urging an immediate Senate vote on the Clarity Act before August recess.