: US Treasury Secretary Scott Bessent is urging Congress to pass the CLARITY Act — a major crypto market structure bill — before it’s too late.
Bessent says the legislation would reduce uncertainty and help stabilize crypto markets during ongoing volatility, pushing for fast-track approval this spring to reach President Trump’s desk.
The bill aims to clearly define digital assets and place most digital commodities under the oversight of the CFTC — a major shift in crypto regulation.
If passed, this could reshape the entire US crypto landscape.