Treasury Secretary Scott Bessent told Congress he has no authority to bail out Bitcoin. The exchange came during a Senate Banking Committee hearing, when Senator Brad Sherman asked whether the Treasury could intervene to support cryptocurrency prices. Bessent’s answer was direct: he cannot use taxpayer dollars to buy Bitcoin, and the question falls outside his
The post Bitcoin faces a brutal irony as the Treasury refuses to save BTC from its own political success appeared first on CryptoSlate. CryptoSlate Read More
About The Author
