U.S. Treasury Secretary: Congress must pass the "Clarity Act" to establish regulations for digital asset oversight

ME News Message: On April 9 (UTC+8), U.S. Treasury Secretary Scott Bessent wrote in a post on April 8 that the United States has long dominated the regulatory standards governing global financial markets, but that leadership is not a given. He urged Congress to pass the Clarity Act as soon as possible to establish a clear regulatory framework for digital assets. Citing data, Bessent said that over the past year, the global market capitalization of digital assets has fluctuated between $2 trillion and $3 trillion, with about one-sixth of Americans holding some form of digital assets, and that the application of blockchain technology in payments, settlement, and the exchange of tangible assets continues to expand. He emphasized that cryptocurrencies are no longer niche experiments, but rather a technology being broadly adopted worldwide, and that the U.S. must take proactive action in order to continue leading rulemaking in this field. (Source: BlockBeats)