Bitwise CIO: The Crypto Industry Could Become Part of the Rule-Making for the Next Generation Economy

Odaily reported that Matt Hougan, Chief Investment Officer at Bitwise, posted on X platform, stating that he recently read a speech by U.S. Treasury Secretary Bessent and called it "a defining document for America's economic role over the next century."

He noted that in the speech, Bessent outlined the future U.S. economic strategy around five principles, with the third principle being: "The United States will write the rules for the next generation economy." When discussing the digital economy, Bessent said: "Digital assets, stablecoins, tokenization, and new payment systems will help shape the future of money. America should not sit on the sidelines of this future." Matt Hougan pointed out that this statement reflects the U.S. government’s emphasis on advancing the crypto industry and also indicates that digital assets are being incorporated as an important component of the future financial system and economic competition landscape.