US Treasury Secretary signals progress on Bitcoin reserve, CLARITY Act

CoinTelegraph·

US Treasury Secretary signals progress on Bitcoin reserve, CLARITY Act

60-second summary

US Treasury Secretary Scott Bessent signals progress on Bitcoin reserve, citing "proceeding with all deliberate speed" on Donald Trump's 2025 executive order to establish a strategic Bitcoin reserve and digital asset stockpile, sparking market optimism. This move could legitimize Bitcoin as a store of value and potentially increase institutional investment.

Scott Bessent said that the Treasury Department was “proceeding with all deliberate speed” on Donald Trump’s 2025 executive order to establish a strategic Bitcoin reserve and digital asset stockpile.