Bessent’s statement this time is quite key. If the Clarity Act can pass in the summer, the U.S. crypto regulatory framework will be considered in place, and the reserve matters are also being steadily advanced—let’s see how the next steps go.

U.S. Treasury Secretary Scott Bessent stated at a Senate Finance Committee hearing that he supports Congress moving quickly to advance the "Clarity Act" Digital Asset Market Structure Bill and hopes the bill will be enacted by this summer. Bessent said the bill would help establish a federal regulatory framework for the digital asset industry and promote the return of related businesses to the United States. At the same time, he mentioned that the Treasury Department is continuing to push forward with the establishment of a U.S. strategic Bitcoin reserve. Bessent pointed out that the plan involves complex processes, and the Treasury Department is steadily progressing according to established procedures to ensure the long-term sustainability of the relevant arrangements. (The Block)