Trump’s Treasury Secretary Scott Bessent Demands Congress Act Now on Crypto
BeInCrypto
Treasury Secretary Scott Bessent is urging the Senate to pass the CLARITY Act to establish a comprehensive regulatory framework for digital assets.Summary
US Treasury Secretary Scott Bessent has publicly called on the Senate Banking Committee to move forward with the CLARITY Act. The bill, which has already passed the House, aims to provide a market structure for digital assets, covering aspects like tokenized assets and decentralized exchanges. Bessent argues that passing this legislation is essential to prevent crypto development from moving to more favorable foreign jurisdictions and to provide necessary regulatory clarity for the industry.
(Source：BeInCrypto)