🧑⚖️ U.S. Treasury: Passing the Clarity Act Is Critical for Bitcoin’s Future
U.S. Treasury Secretary Scott Bessent is urging Congress to pass the Digital Asset Market Clarity Act, saying it’s essential for regulatory certainty and the long-term viability of Bitcoin and the wider crypto ecosystem in the United States. The bill has stalled in the Senate amid debate over stablecoin rules and regulatory oversight, but lawmakers and industry leaders are pushing to revive it before the spring legislative session ends.
Key Facts:
• Bessent says clear market structure rules are needed after months of crypto volatility and regulatory confusion.
• The Clarity Act would establish explicit frameworks for digital assets, defining roles for agencies like the SEC and CFTC.
• Debate centers on stablecoin yield provisions and how regulators treat decentralized finance innovations.
• Some industry insiders remain optimistic the bill can pass this spring; bipartisan talks continue behind the scenes.
Expert Insight:
Passing this bill could unlock regulatory certainty that encourages institutional capital to stay and grow onshore. Prolonged legislative delays risk keeping crypto markets in a legal gray zone, potentially slowing innovation and affecting investor confidence — especially for assets deeply tied to U.S. market access like Bitcoin and stablecoins.
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