US Treasury Secretary: Crypto Regulatory Gap Between SEC and CFTC Will Be Bridged Regardless of Whether Congress Passes Legislation

On October 28 that according to Solid Intel (@solidintel_x), U.S. Treasury Secretary Bessent stated that regardless of whether Congress advances legislation, the Treasury Department will fill the crypto regulatory gap between the SEC and CFTC. Bessent also noted that stablecoins are a new tool for solidifying the dollar's dominance and a new buyer of U.S. Treasury bonds. He stated that the United States will take the lead in the digital asset space and maintain a stronger dollar.