Former U.S. Treasury Secretary Steven Mnuchin has stated that he personally would not invest in cryptocurrencies and emphasized the importance of maintaining a strong U.S. dollar. During his tenure, Mnuchin was criticized for his anti-Bitcoin statements and the proposed strict regulations for self-hosted crypto wallets. However, he later mentioned that buying Bitcoin was acceptable. Mnuchin's successor, Janet Yellen, supports crypto regulation to reduce risks and fraud but remains skeptical of cryptocurrencies. The newly confirmed U.S. Treasury Secretary, Scott Bessent, is known for his pro-crypto stance and opposes the creation of a central bank digital currency.
Content Editor ( u.today )
- 2025-03-05
Former Treasury Secretary Mnuchin Says He Wouldn’t Invest in Crypto
