Yen Rises Against Bitcoin, Dollar as Scott Bessent Predicts Bank of Japan Rate Hike
The yen is no longer the most attractive funding currency, and the currency’s strength may not necessarily lead to broad-based risk aversion, one expert said.
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Scott Bessent
The yen is no longer the most attractive funding currency, and the currency’s strength may not necessarily lead to broad-based risk aversion, one expert said.
While the top Democrat on the Senate Banking Committee argues for stablecoin limits, she and colleagues also questioned Binance’s talks with Treasury.
Scott Bessent, who is immersed in the Senate confirmation process as President-elect Donald Trump’s Treasury secretary nominee, only addressed crypto briefly.
President-elect Donald Trump has nominated Wall Street titan Scott Bessent as Treasury Secretary.