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Bitwise Chief Investment Officer: The crypto industry could become part of the next generation of economic rules.
Deep Wave TechFlow News, July 8th - Bitwise Chief Investment Officer Matt Hougan posted that he recently read a speech by U.S. Treasury Secretary Bessent, which can be considered "an important document defining America's economic role for the next century." In the speech, Bessent elaborated on five principles outlining the future economic strategy of the United States, with the third principle being: "The U.S. will set the rules for the next generation's economy."
When discussing the digital economy, Bessent stated that "digital assets, stablecoins, tokenization, and new payment systems will help shape the future of money. The U.S. should not place itself on the sidelines of this future construction." Matt Hougan believes this statement demonstrates the U.S. government's emphasis on promoting the development of the crypto industry, and also reflects that the crypto industry is being integrated as an important part of the future financial system and economic competition landscape, potentially becoming part of the next generation's economic rules.