As Donald Trump prepares for a second term in office, the potential appointment of Scott Bessent as the U.S. Treasury Secretary is raising hopes for a crypto-friendly approach to economic policy. Bessent, an experienced hedge fund manager and former associate of George Soros, has long been a supporter of free markets and has expressed enthusiasm for cryptocurrencies like Bitcoin. His appointment could signal a more progressive and open stance towards crypto, potentially leading to clearer and more favorable regulations. However, Bessent faces stiff competition from Howard Lutnick, CEO of Cantor Fitzgerald, who also supports a pro-crypto agenda but has faced concerns due to his involvement with Tether. Despite the competition, both candidates indicate a more supportive stance towards digital assets from the U.S. Treasury.



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