Trump’s Treasury Secretary Bessent vows to address regulatory roadblocks to blockchain and stablecoin growth

Scott Bessent, the US Treasury Secretary, announced plans to examine the current regulations hindering blockchain and stablecoin innovation.

The proposed regulatory changes aim to improve financial inclusion, ensuring that economic growth benefits all Americans, not just those on Wall Street.

The SEC is also reviewing its crypto regulations, aligning with Bessent’s goals to encourage a more accessible and innovative financial services landscape.