Search results for Scott Bessent
AI & Enterprise
Japan finance minister to meet three megabanks to discuss risks from Anthropic\'s Mythos
Japan will hold a meeting involving the country\'s three megabanks and other senior financial officials to review potential risks from Anthropic\'s AI model Mythos. CoinPost reported that Finance Minister Satsuki Katayama will meet executives from Mitsubishi UFJ, Sumitomo Mitsui and Mizuho to share awareness of related risks. Attendance by BOJ Governor Kazuo Ueda and other industry leaders is being coordinated, and the Financial Services Agency proposed the meeting.
Crypto
U.S. Senator Lummis backs using bitcoin for national security, urges fast passage of Clarity Act
U.S. Republican Senator Cynthia Lummis (신시아 루미스) urged Congress to move quickly on the Clarity Act after testimony that the U.S. Indo-Pacific Command is running real-time bitcoin nodes and testing the protocol for military network security. The debate is about bitcoin’s potential use in military and security infrastructure, not its price. Lummis warned legislative momentum could fade until at least 2030 if the Senate Banking Committee does not advance the bill by April 25.
Crypto
U.S. senator urges delay of CLARITY Act until May as bank-crypto split persists
A U.S. Senate Banking Committee review of the crypto market structure CLARITY Act is increasingly likely to slip beyond April. Punchbowl News, cited by Cointelegraph, reported that Republican Senator Thom Tillis urged Chairman Tim Scott to move the bill’s markup to May. The key dispute is a stablecoin interest provision, with banks warning of deposit outflows and the crypto industry seeking more flexible rules. A lobbying group urged swift action.
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General News
Iran hints at circumventing payments in yuan and bitcoin, signs of cracks in petrodollar system
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AI & Enterprise
Anthropic\'s Claude Mythos Preview solves 73 percent of expert hacking tasks
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Industry
Ford CEO calls for blocking Chinese EVs from U.S. market
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Finance
U.S. Treasury\'s Bessent says no need to rush rate cuts, stay put for now
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Crypto
U.S. banking group rebuts White House report, warns interest-bearing stablecoins could pull deposits
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Crypto
US CLARITY Act nears turning point as Trump adviser says most key issues settled
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Crypto
Coinbase backs fast passage of CLARITY bill after call by U.S. Treasury Secretary Bessent
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Crypto
Lummis says missing CLARITY Act window could delay passage until 2030
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Crypto
Bessent urges rapid Senate action on CLARITY Act
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Crypto
U.S. Labor Department unveils proposed rule to allow crypto and private equity in 401(k) plans
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Crypto
11 U.S. senators urge probe into Binance\'s sanctions compliance
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Crypto
Warren says U.S. taxpayer money must not bail out crypto investors
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Crypto
Bitcoin breaks below 100 million won mark as Bithumb hit by mistaken transfer incident
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Crypto
U.S. Treasury secretary says crypto cannot be regulated without bill as Coinbase-Congress row deepens
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Crypto
Bitcoin at $1 million, gold at $30,000: U.S.-driven \'radical currency reset\' scenario