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⚪ Crypto Industry Rejoices ➖ Unsurprisingly, Bessent’s nomination has drawn praise from across the digital asset world. Ripple CEO Brad Garlinghouse called it a “win for innovation,” suggesting that Bessent’s leadership could pave the way for more thoughtful and progressive crypto policies ➖ Kristin Smith, CEO of the Blockchain Association, emphasized the critical issues Bessent will need to address, including establishing a clear regulatory framework, protecting self-custody rights, and ensuring fair tax treatment of digital assets ➖ “We need someone in Washington who can strike the right balance between fostering innovation and ensuring security, and Scott looks like the perfect fit,” she said 🧵 4/7
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