U.S. Treasury Secretary: The U.S. Should Be the Preferred Destination for Digital Assets

BlockBeats News, May 8, U.S. Treasury Secretary Scott Belsent recently stated that the United States "should be the preferred destination for digital assets." This statement comes as legislators engage in a heated debate over the establishment of a cryptocurrency regulatory framework.

During a House Financial Services Committee hearing on Wednesday, Belsent was asked why the United States needs to "maintain a leading position" in the crypto field. "We firmly believe that the United States should be the preferred destination for digital assets," Belsent responded, "as this committee and Senate colleagues are working to achieve — to establish a robust market structure — making U.S. industry standards a global model."