Treasury Secretary Scott Bessent slammed crypto executives resisting the Clarity Act as “nihilists” and called on the Senate to move the stalled market structure bill to markup before midterms squeeze the legislative calendar.

U.S. Treasury Secretary Scott Bessent publicly called out crypto executives still blocking passage of the Digital Asset Market Clarity Act, labeling them “nihilists” who prefer no regulation over the existing bill. The remarks came via a Wall Street Journal op-ed published Wednesday and testimony before the Senate Banking Committee on Thursday.

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