Skip to main content
See every side of every news story
Published • loading... • Updated

Scott Bessent puts crypto alongside AI and chips in U.S.-China tech race at Ripple conference

Summary by Coin Desk
Speaking at Ripple's conference, the U.S. Treasury Secretary said the SEC and CFTC action could help fill the gap left by the Clarity Act's failure, while curbing crypto debanking.

9 Articles

Crypto BriefingCrypto Briefing
Reposted by
Cryptocurrency News | Cryptocurrency Prices | Market CapCryptocurrency News | Cryptocurrency Prices | Market Cap

Treasury, SEC, CFTC to address crypto regulation gaps after CLARITY Act fails

The failure of the CLARITY Act shifts focus to agency-led crypto regulation, potentially delaying comprehensive legislative solutions.

U.S. Treasury Secretary Scott Bessent said the cryptocurrency market doesn't need the CLARITY Act. The Treasury Department can cooperate with the SEC.

US Treasury Secretary Scott Bessent said the cryptocurrency sector could strengthen the US dollar's position as a global reserve currency. Bessent stated that digital assets could play a significant role in the technological competition between the US and China. Bessent made these remarks at the Swell conference, which he attended with Ripple CEO Brad Garlinghouse, regarding cryptocurrency markets and the dollar's position in the international f…

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources are Center
100% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Coin Desk broke the news in New York, United States on Tuesday, October 27, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal