If confirmed, Bessent could act as a catalyst for a crypto and bitcoin price boom by helping to establish a clear regulatory framework for digital assets.

Bessent has been a major donor to Trump, giving $1 million to the Republican candidate for his 2016 inauguration.

Donald Trump selects Scott Bessent for Treasury Secretary, a crypto advocate, who promises regulatory clarity and blockchain integration.

On Friday, President-elect Donald Trump announced hedge fund manager Scott Bessent as his nominee for Treasury Secretary, and the crypto industry seems very happy with this choice.

Scott Bessent is stepping out from behind decades of hedge-fund desks into the Treasury Secretary’s office with one goal: to leave his fingerprints on the

Donald Trump has nominated pro-crypto hedge fund manager Scott Bessent to serve as the next Secretary of the Treasury.

Scott Bessent, who was a George Soros protege, is expected to increase tariffs in line with Donald Trump's stance

MicroStrategy has added another 55,500 BTC to their stack in the most recent bitcoin purchase. The company now holds nearly 387,000 BTC in total. Plus, Tether is reportedly in talks with Cantor Fitzgerald to support the firm's plan for a bitcoin lending program and president-elect Trump picks pro-crypto hedge fund manager Scott Bessent for Treasury Secretary.