Treasurer Besseter emphasizes the strengthening of the dollar hegemony by crypto, while Trump calls for a rapid adoption of the genius law after the Senate permit

Treasurer Besseter emphasizes the strengthening of the dollar hegemony by crypto, while Trump calls for a rapid adoption of the genius law after the Senate permit
treasury Secretary Besser emphasizes the role of cryptocurrencies for dollar dominance
In a recent statement, the US Finance Minister Bessent said that cryptocurrencies play an important role in strengthening the dominance of the US dollar. This statement underlines the perspective that digital currencies should not only be regarded as competitors to the traditional financial system, but can also support the existing economic system.This statement comes at a time when former President Donald Trump has a quick farewell to the Genius Act since he was approved in the Senate. The Genius Act aims to promote innovations in the field of financial technology and to strengthen the position of the United States in global competition. Trump’s requirements for a quick implementation of the law illustrate the political relevance and urgency in terms of digital currencies and their integration into the existing financial system.
The discussion about the future of cryptocurrencies and their influence on global financial markets remains up to date and is of central importance for political decision -makers, investors and consumers. It is important to wait and see how the political framework and regulatory measures will develop in order to fully exploit the potential of digital currencies and at the same time to ensure the stability of the financial system.