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Pro-crypto Treasury Secretary could be appointed under Trump 2.0, according to Polymarket

Pro-crypto Treasury Secretary could be appointed under Trump 2.0, according to Polymarket

CryptopolitanCryptopolitan2024/11/08 18:00
By:By Jai Hamid

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Polymarket shows over 50% chance of Scott Bessent to be the future Treasury Secretary in Trump’s administration.

Mathew Sigel, the Head of Digital Asset Research at VanEck shared Polymarket’s prediction on his X account for the new Secretary of Treasury.

If Bessent actually becomes one, he would be the first pro-crypto Treasury Secretary of the United States, as shared by Mathew.

This development, if it sees the reality could bring an effective change in the US government’s approach to cryptocurrencies. Bessent’s potential chance reflects the growing acceptance of digital currencies as part of the mainstream financial and political circles.

See also Wall Street’s election bets face high-stakes test as global economy holds its breath
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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