Post
CipherX零号
·
--
$BTC The U.S. Department of the Treasury clearly stated: taxpayer funds will not be used to bail out Bitcoin
Latest news indicates that U.S. Treasury Secretary Bessent has explicitly stated that the U.S. Department of the Treasury has no legal authority to use taxpayer funds to bail out Bitcoin or related cryptocurrency assets. This statement draws a clear line in the recent discussions about market volatility and the role of government.
Bessent emphasized that Bitcoin is a category of assets formed spontaneously by the market, and its price fluctuations should be borne by market participants themselves, rather than being underwritten by public finances. This stance continues the fundamental principle of U.S. financial regulation: the government is responsible for maintaining the stability of the financial system, but does not underwrite the price of a single asset.
This statement is also seen as a realistic reminder to the market. As the scale of cryptocurrency assets continues to expand, some investors have begun to speculate whether the government would intervene to stabilize prices in extreme market conditions. The Treasury's response directly denied this expectation, indicating that Bitcoin remains within the realm of 'self-risk and self-profit and loss' in the market.
From a policy perspective, this statement does not equate to denying the legitimacy of the cryptocurrency industry. On the contrary, it emphasizes institutional boundaries: regulation, compliance, and financial stability can be discussed, but price bailouts are not on the table. This distinction helps to establish a clearer expectation framework for the industry.
Overall, the Treasury's position sends a clear and calm signal to the market. Bitcoin may be increasingly discussed, regulated, and researched, but it will not be included in the traditional category of 'bailout assets.' This also means that participants must be fully prepared for volatility.
{future}(BTCUSDT)
Latest news indicates that U.S. Treasury Secretary Bessent has explicitly stated that the U.S. Department of the Treasury has no legal authority to use taxpayer funds to bail out Bitcoin or related cryptocurrency assets. This statement draws a clear line in the recent discussions about market volatility and the role of government.
Bessent emphasized that Bitcoin is a category of assets formed spontaneously by the market, and its price fluctuations should be borne by market participants themselves, rather than being underwritten by public finances. This stance continues the fundamental principle of U.S. financial regulation: the government is responsible for maintaining the stability of the financial system, but does not underwrite the price of a single asset.
This statement is also seen as a realistic reminder to the market. As the scale of cryptocurrency assets continues to expand, some investors have begun to speculate whether the government would intervene to stabilize prices in extreme market conditions. The Treasury's response directly denied this expectation, indicating that Bitcoin remains within the realm of 'self-risk and self-profit and loss' in the market.
From a policy perspective, this statement does not equate to denying the legitimacy of the cryptocurrency industry. On the contrary, it emphasizes institutional boundaries: regulation, compliance, and financial stability can be discussed, but price bailouts are not on the table. This distinction helps to establish a clearer expectation framework for the industry.
Overall, the Treasury's position sends a clear and calm signal to the market. Bitcoin may be increasingly discussed, regulated, and researched, but it will not be included in the traditional category of 'bailout assets.' This also means that participants must be fully prepared for volatility.
{future}(BTCUSDT)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.