Treasury Secretary Bessent: Trump Admin Will Take A Close Look At Impediments To Blockchain, Stablecoins’
U.S. Treasury Secretary Scott Bessent has signaled a major policy shift toward fostering innovation in financial technology, saying the Trump administration will “take a close look at regulatory impediments to blockchain, stablecoins and new payment systems.”
What Happened: The remarks came during his keynote address at the American Bankers Association conference in Washington.
The statement marks the clearest indication yet that the U.S. Treasury is preparing to reassess the regulatory landscape around decentralized technologies and digital financial infrastructure.
“We will consider reforms to unleash the awesome power of the American capital markets,” Bessent said. “Americans deserve a financial services industry that works for all Americans, including and especially Main Street. Under President Trump’s leadership, the Treasury Department and I will deliver that to you.”
The announcement comes at a time when the administration is recalibrating …
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