Yes

>>Treasury Secretary advocates the Clarity Act to preserve U.S. leadership in the crypto market

Treasury Secretary advocates the Clarity Act to preserve U.S. leadership in the crypto market

crypthub

about 10 hours ago

Crypto Legislation Push

U.S. Treasury Secretary Scott Bessent is ramping up his appeal for Congress to enact cryptocurrency legislation. He notes that the digital‑asset market now spans multiple trillions of dollars. At the same time, SEC Chair Paul Atkins and a growing number of lawmakers are coordinating their efforts to revive a stalled regulatory framework. Their shared goal is to address the expanding market, fill existing regulatory gaps, and keep the United States competitive on the global stage.

Key Points

Bessent specifically urges Congress to pass the Clarity Act, emphasizing its importance for overseeing the burgeoning digital‑asset sector. He argues that clear legislation is essential to manage the multi‑trillion‑dollar market and to prevent the United States from falling behind international competitors.