US Treasury Secretary pushes for Clarity Act passage before Congress recess
The US Treasury Secretary is urging Congress to pass a crypto regulation bill called the Clarity Act before the upcoming recess, signaling potential regulatory clarity for digital assets.
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US Treasury Secretary Scott Bessent has stated that lawmakers are in the final stretch of work on the Clarity Act, urging Congress to pass the crypto regulation bill before the upcoming recess. The push signals a potential step toward clearer regulatory guidelines for digital assets in the United States. Market participants are closely watching the legislative progress, as the bill could impact risk appetite and volatility in the crypto sector. If passed, the Clarity Act may provide a more defined framework, potentially boosting investor confidence and influencing intraday speculative trading activity.
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