If confirmed, Bessent could act as a catalyst for a crypto and bitcoin price boom by helping to establish a clear regulatory framework for digital assets.

A slew of crypto companies including Ripple, Kraken and Circle are jostling for a seat on President-elect Donald Trump's promised crypto advisory council, seeking a say in his planned overhaul of U.S.

Donald Trump's proposed elimination of capital gains tax on U.S.-issued cryptocurrencies could significantly boost platforms like Upland, turning the U.S. into the world's crypto hub.