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US Bitcoin Reserve Moving Ahead at ‘Deliberate Speed’: Bessent

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Decrypt Editorial

(12:08 PM UTC)

1 min read

Reviewed byMichael Roberts

0 comments

In brief

U.S. Treasury Secretary Scott Bessent testified before the Senate Finance Committee on June 3 about the 2027 budget and crypto policy.
Bessent said Treasury is proceeding with "deliberate speed" on establishing a strategic Bitcoin reserve mandated by Trump's March 2025 executive order.
He urged lawmakers to pass the CLARITY Act this summer, calling it "necessary" for U.S.…

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