U.S. President-elect Donald Trump is reportedly close to naming Scott Bessent, a cryptocurrency supporter and hedge fund manager, as his Treasury Secretary. If confirmed by the Senate, Bessent would be the first Treasury Secretary to endorse digital currencies aimed at transforming the conventional financial system. Bessent, who leads Key Square Group and previously worked for George Soros, is optimistic about the potential for cryptocurrencies to attract a younger demographic to invest. He noted that young individuals who have not previously engaged in financial markets are now participating due to the appeal of crypto assets. The article also references market movements in Bitcoin, with speculation around Bessent's appointment influencing trading sentiments.

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