Trump’s Crypto-Friendly Choice for Treasury Secretary Stirs Optimism
President-elect Donald Trump has appointed Scott Bessent as Treasury Secretary, prompting discussions about the future of crypto in the U.S. Ripple’s CEO hailed him as the perfect choice for promoting innovation in the cryptocurrency space. This nomination has sparked optimism among crypto enthusiasts, as many anticipate Bessentโs policies could foster a more favorable environment for digital assets. The position holds significant weight in shaping the future regulations surrounding cryptocurrency, making it vital for investors to keep a close watch on his upcoming initiatives.