U.S. Treasury’s Crypto Endorsement: Boost or Bust?
The U.S. Treasury is giving crypto a thumbs up. That’s quite a statement from Treasury Secretary Scott Bessent, who called Bitcoin a “store of value.” This isn’t just fluff; it’s a sign that the U.S. is ready to lay down some regulatory tracks. Could this be what the markets needed? It might actually draw in some institutional dollars.
Bessent seems to be gunning for a pro-crypto agenda. His take? The U.S. wants to lead globally in crypto, and that could change the game for how we see and use these digital coins. In theory, more clarity often leads to more investment. Could that mean more money flowing into the crypto market? It’s a valid point.
The Double-Edged Sword of Clarity
But hold on, is regulatory clarity really a good…
