- Treasury Secretary Scott Bessent urged Congress to pursue legislation to eliminate regulatory uncertainty in the digital-asset market.
- He said the Clarity Act would clarify standards for determining whether digital assets are securities and establish registration rules for trading platforms and intermediaries.
- Bessent also said a clear regulatory framework covering investor protection, anti-money laundering, and illicit finance enforcement is needed to strengthen oversight and transparency.
Forecast Trend Report by Period
Treasury Secretary Scott Bessent urged Congress to pass legislation to reduce regulatory uncertainty in the cryptocurrency market.
The Wall Street Journal…
