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U.S. Treasury Secretary Scott Bessent said Friday that Congress must move quickly to pass crypto legislation establishing clear federal rules for digital assets, urging lawmakers to deliver the bill to President Donald Trump’s desk for signature this spring.
Speaking on CNBC, Bessent was asked about the status of the proposed “Clarity Act” amid a recent sell-off across the crypto market.
He said the bill would provide “great comfort to the market” during a period of heightened volatility, signaling the administration’s push to create a more defined regulatory framework for the sector.
Bessent added that some crypto firms have attempted to block the legislation,…
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