Bessent urges Congress to pass crypto regulation bill

Treasury Secretary Bessent Calls Crypto Leaders 'Nihilists' As Clarity Act Deadline Approaches

Bessent calls Clarity Act holdouts "nihilists" as stablecoin yield disputes and Trump's memecoin ventures stall the bill before midterms.

Bessent urges Congress to pass crypto regulation bill

U.S. Treasury Secretary Scott Bessent said Congress must pass a bill to create federal rules for digital assets, reiterating the ​push for rules that he says will ensure cryptocurrency development ‌and investment remain anchored in the U.S.

Bessent presses Congress to pass crypto rules

Treasury Secretary Scott Bessent pressed Congress on Wednesday to pass a cryptocurrency bill clarifying rules for the market, as the legislation remains stuck in the Senate after months of negotiations. In a Wall Street Journal op-ed, Bessent argued the U.S. risks forfeiting its role as a global financial leader and pushing the industry offshore if...

Bessent flags urgency on crypto bill amid regulatory gaps

U.S. Treasury Secretary Scott Bessent has called on Congress to swiftly pass a long-delayed Digital Asset Market Clarity Act (CLARITY Act) bill.

CLARITY Act Gains Backing From Crypto’s Biggest Voices

Treasury Bessent is urging Congress to hold a markup and send the CLARITY Act to President Trump’s desk.  SEC Chair Paul Atkins says “Project Crypto” is designed so the SEC and CFTC are ready to implement the CLARITY Act.  Senator Lummis and Patrick Witt also amplified Bessent’s message, showing broader support beyond the crypto industry.  The CLARITY Act is picking up fresh support from some of the most influential voices in crypto and Washingt…

US Treasury Secretary Bessent Urges Congress to Pass Crypto Bill

Treasury Secretary Scott Bessent warned that the lack of a clear regulatory framework is eroding U.S. leadership in the crypto market.