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U.S. Treasury Secretary Scott Bessent stated at a Senate Finance Committee hearing that the Treasury is "proceeding cautiously" with the strategic Bitcoin reserves and digital asset reserves mandated by the Trump executive order, and he said that the related work involves new technologies and new fields, requiring the adoption of best practices that can be sustained long-term. Bessent also mentioned that the U.S. government is promoting progress in digital asset legislation and encouraging support for the CLARITY Act to keep digital asset businesses and regulatory frameworks within the United States. The U.S. currently holds approximately 328.4k BTC, valued at about $21.5 billion. (Trading View)