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Crypto Regulation

Bessent Urges CLARITY Act Passage, Warns of ‘Troubling Signal’

Treasury Secretary Scott Bessent called for passage of the CLARITY Act after the Senate returns, warning that failing to do so would send a “troubling signal” about America’s leadership in the digital asset industry. The crypto market-structure bill has yet to clear the chamber.

Original source

AI take

Bessent's intervention matters less for the bill's substance than for the fact that a sitting Treasury Secretary is tying digital-asset market structure to a question of national leadership. That framing puts the Senate's inaction on the record as a geopolitical cost, not just a domestic regulatory delay. The open question is whether the bill's stalled status reflects genuine disagreement over its design or simply the chamber's calendar — and whether the Treasury's public pressure changes either.

Generated by AI for reference only.

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