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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

668 views

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.…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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