Treasury Secretary Scott Bessent reaffirms Trump’s push for US crypto leadership and strategic bitcoin reserve

Treasury Secretary Scott Bessent, speaking at the World Economic Forum in Davos, reaffirmed President Donald Trump's goal to establish the United States as a global leader in cryptocurrency innovation through a favorable regulatory regime. Bessent also confirmed ongoing plans for a strategic bitcoin reserve, stating that seized bitcoin from asset forfeitures will be added to this reserve, which cannot be sold, aligning with Trump's March 2025 executive order. He declined to comment on the $6 million in bitcoin forfeited in the Samourai Wallet case, though White House advisor Patrick Witt previously stated those funds were not liquidated and remain part of the reserve. Furthermore, Bessent noted efforts in Washington D.C. to pass comprehensive crypto legislation to bring digital asset innovation onshore, despite recent legislative setbacks in the Senate Banking Committee.

(Source：The Block)