Treasury Secretary Scott Bessent said the U.S. froze a $130 million crypto wallet linked to Iran's IRGC as part of a broader effort to track and seize assets tied to Supreme Leader Ali Khamenei and increase economic pressure on Tehran.
Treasury Secretary Scott Bessent told the Senate Finance Committee that the Trump administration is moving forward with a Strategic Bitcoin Reserve and urged Congress to pass the BITCOIN Act and Clarity Act to solidify and expand the effort.
Treasury Secretary Scott Bessent told a Senate panel Wednesday that passing comprehensive crypto legislation is vital to maintaining U.S. financial leadership.
