Treasury Secretary Scott Bessent Says US Has No Authority To 'Bail Out' Bitcoin

Treasury Secretary Scott Bessent pushed back against speculation around a Strategic Bitcoin reserve, making clear that the federal government has no legal authority to support or "bail out" Bitcoin (CRYPTO: source: https://www.benzinga.com/crypto/cryptocurrency/26/02/50390454/treasury-secretary-scott-bessent-says-us-has-no-authority-to-bail-out-bitcoin?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=referral