Tag: Scott Bessent

US Treasury Chief Scott Bessent Urges Senate to Pass Clarity Act

U.S. Treasury Secretary Scott Bessent has strongly urged the Senate to pass the crypto Clarity Act following a delayed vote, emphasizing national security and American leadership in digital assets.
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US Treasury Chief Scott Bessent Urges Senate to Pass Clarity Act

U.S. Treasury Secretary Scott Bessent has strongly urged the Senate to pass the crypto Clarity Act following a delayed vote, emphasizing national security and American leadership in digital assets.

Jack Dorsey’s Block Applies for Banking Charter Amid Bitcoin Push

Jack Dorsey’s Block has applied for a U.S. banking charter with the OCC to establish Builders Bank & Trust, N.A., aiming to provide federally regulated custody and fiduciary services for Bitcoin and stablecoins.

Steak ‘n Shake Reports Double-Digit Sales Growth After Adopting Bitcoin

Steak 'n Shake reports double-digit same-store sales growth, reaching a 19% gain this quarter, attributing its commercial success to accepting Bitcoin payments via the Lightning Network and adding cryptocurrency to its strategic reserve.

Iran Relies on Bitcoin to Stabilize Economy, Report Says

Iran is reportedly utilizing bitcoin and local exchanges to bypass international sanctions, stabilize its struggling economy, and finalize cross-border payments, with subtle encouragement from its central bank.

VerifiedX Initiates $15M Funding Round for Institutional Bitcoin Tools

VerifiedX has initiated a $15 million financing round backed by Cantor Fitzgerald to deploy institutional Bitcoin infrastructure, expand custody partnerships with BitGo, and support native Bitcoin yield tools.