BTCC
/
BTCC Square
/
Global Cryptocurrency
/
US Treasury Secretary Urges Congress To Pass Crypto Market Structure Bill This Spring
US Treasury Secretary Urges Congress To Pass Crypto Market Structure Bill This Spring
11
2
BTCCSquare news:
Treasury Secretary Scott Bessent has called on lawmakers to advance the stalled CLARITY Act, emphasizing the need for regulatory clarity amid market turbulence. The push comes as bipartisan efforts gain momentum to establish a framework for digital assets.
Industry resistance to certain provisions—particularly stablecoin restrictions—has contributed to legislative delays. Bessent argues swift passage WOULD stabilize markets by removing uncertainty that has exacerbated recent volatility.
The Senate Banking Committee's draft continues to face criticism from crypto executives, even as Treasury officials stress the urgency of establishing guardrails before the spring session concludes.
By:
