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Bessent Urges Immediate Approval of Crypto Bill

Published by
Sohrab Khawas

US Treasury Secretary Scott Bessent is pressing Congress to quickly pass the bipartisan CLARITY Act, a major crypto market structure bill that would create clear federal rules for digital assets. He warned that regulatory uncertainty is pushing innovation overseas and could weaken the United States’ leadership in the fast-growing crypto space, stressing that lawmakers must act now while there is still time. The bill has stalled in the Senate amid disagreements between banks, exchanges, and crypto firms, but supporters say clear rules could calm markets and support broader adoption.

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Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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