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Scott Bessent: The United States should lead the construction of digital asset market structure.
U.S. Treasury Secretary Scott Bessent stated at the House Financial Services Committee hearing that the U.S. should become a primary destination for digital assets and emphasized the need to establish effective market structures to promote U.S. best practices globally. Bessent had previously expressed support for the encryption economy and served as a member of the digital asset market working group announced by the Trump administration on January 23. (The Block)