Editor's PiCK

'Pro-Crypto' Scott Besant Confirmed as Treasury Secretary... "U.S. Senate Approval Completed"

Source
Suehyeon Lee

Summary

  • Scott Besant has been confirmed as the U.S. Treasury Secretary with a pro-crypto stance.
  • The U.S. Senate approved Besant's nomination with 68 votes in favor and 29 against.
  • Besant is known to oppose the issuance of Central Bank Digital Currency (CBDC) and support cryptocurrencies.

Scott Besant, who is known for his pro-crypto stance, has been confirmed by the U.S. Senate as the nominee for the U.S. Treasury Secretary.

According to Cointelegraph on the 28th (local time), the Senate held a vote on the approval of Besant's nomination, passing it with 68 votes in favor and 29 against.

As a result, Besant will oversee economic policy in the second administration of Donald Trump. Meanwhile, Besant is known to oppose the issuance of Central Bank Digital Currency (CBDC) and support cryptocurrencies.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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