During a House Financial Services Committee hearing yesterday, Treasury Secretary Scott Bessent said he could not ask that banks prop up Bitcoin in the case of a crash. Crypto investors are ...

Treasury Secretary Scott Bessent pushed back against speculation around a Strategic Bitcoin reserve, making clear that the federal government has no legal authority to support or "bail out" Bitcoin ...

Treasury Secretary Scott Bessent told lawmakers that the U.S. government has no authority to bail out bitcoin or direct banks to hold crypto. As Treasury Secretary Scott Bessent testified before the ...

Bitcoin has bounced back after crashing to around $60,000 per bitcoin, adding 16% in less than two weeks, as Elon Musk fuels surprise speculation of a 2027 bitcoin price boom. Sign up now for ...

During a House Financial Services Committee hearing on financial stability risks, a lawmaker questioned whether the U.S. government could support Bitcoin by directing banks to buy it or by deploying ...