According to ME News, on September 10 (UTC+8), Bitcoin News posted on X that U.S. Treasury Secretary Scott Bessent urged the Senate to advance the CLARITY Act to establish a comprehensive regulatory framework for digital assets. Bessent warned that failing to move forward with the bill would signal to allies and adversaries that the U.S. is unwilling to lead the future of digital assets, while relinquishing enhanced national security tools needed to combat misuse of digital assets. (Source: ODAILY)
U.S. Treasury Secretary Scott Bessent urges Senate to advance the CLARITY Act
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Summary
On September 10 (UTC+8), U.S. Treasury Secretary Scott Bessent urged the Senate to accelerate the passage of the CLARITY Act to establish a clear regulatory framework for digital assets. He stated that delaying the bill would undermine the United States’ position in the global race for digital assets and diminish tools available to the CFTC for securing risk-on assets. Bessent emphasized that decisive action is necessary to maintain leadership and combat misuse.
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