Treasury Secretary Scott Bessent is actively urging the crypto industry to support the CLARITY Act, a market structure bill with bipartisan support. Bessent warned that "self-induced" volatility in the markets is being caused by a lack of legislative framework. He cautioned that if the bill is delayed beyond the November elections, the chance for comprehensive crypto rules could be lost for years. $PAXG #GateSquare$50KRedPacketGiveaway
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U.S. Treasury Pushes for "CLARITY Act" Passage
Treasury Secretary Scott Bessent is actively urging the crypto industry to support the CLARITY Act, a market structure bill with bipartisan support. Bessent warned that "self-induced" volatility in the markets is being caused by a lack of legislative framework. He cautioned that if the bill is delayed beyond the November elections, the chance for comprehensive crypto rules could be lost for years. $PAXG #GateSquare$50KRedPacketGiveaway