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U.S. Treasury Secretary: Congress must pass the "Clarity Act" to establish regulations for digital assets
ME News message, April 9 (UTC+8). On April 8, U.S. Treasury Secretary Scott Bessent wrote that the United States has long led the global financial market regulatory standards, but this leadership is not a given. He called on Congress to pass the Clarity Act as soon as possible to establish a clear regulatory framework for digital assets. Bessent cited data showing that over the past year, the global market value of digital assets has fluctuated between $2 trillion and $3 trillion; about one-sixth of Americans hold some form of digital asset, and the application of blockchain technology in payments, settlements, and the exchange of physical assets continues to expand. He emphasized that cryptocurrencies are no longer niche experiments, but a technology that is being widely adopted worldwide, and the U.S. must take proactive action in order to continue leading the rule-making in this field. (Source: BlockBeats)