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Trump to Appoint Pro-Crypto Cabinet, Nominating Billionaire Bessent to Make US 'Crypto Capital'

Nov 12, 2024, 09:42 AM

President-elect Donald Trump has pledged to make the United States the 'crypto capital of the world' by appointing pro-crypto cabinet members. He plans to nominate billionaire hedge fund manager Scott Bessent, who is notably pro-Bitcoin, as Treasury Secretary, according to The Epoch Times. Bessent has expressed enthusiasm for the president's embrace of cryptocurrency, stating, 'I have been excited about the president’s embrace of crypto and I think it fits very well with the Republican...'. Trump aims to appoint pro-crypto candidates to key federal financial agencies, signaling a significant shift in the US financial landscape.