U.S. Treasury's Bessent calls out crypto 'nihilists' resisting market structure bill

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Why This Matters

Treasury Secretary Bessent criticizes crypto market participants who oppose regulation, suggesting they move to El Salvador, a country known for its crypto-friendly policies.

Market Impact

Market impact analysis based on bullish sentiment with 70% confidence.

Sentiment
Bullish
AI Confidence
70%
Time Horizon
Short Term

Article Context

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Treasury Secretary Bessent said market participants who don't want strong regulation should "move to El Salvador."

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Original article published by CoinDesk on February 5, 2026.
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