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US Treasury: No Plans to Buy Bitcoin, Says Secretary Bessent

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By on August 14, 2025 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post US Treasury: No Plans to Buy Bitcoin, Says Secretary Bessent appeared first on Coinpedia Fintech News

US Treasury Secretary Bessent has confirmed that the government is not planning to buy Bitcoin at this time. His remarks put to rest speculation about potential US entry into the crypto market. While acknowledging the growing role of digital assets, Bessent emphasized that the Treasury’s current focus remains on regulation and oversight rather than direct investment. The statement reflects a cautious approach as policymakers weigh the risks and opportunities in the evolving cryptocurrency landscape.

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