Noting that nearly one in six Americans now own digital assets, Treasury Secretary Scott Bessent on Thursday pushed the Senate to pass the crypto-regulating Clarity Act as soon as possible. In a Wall Street Journal Op-Ed, Bessent argued that with Senate floor time getting scarcer by the day, “now is the time to act.” Congress will soon be sidetracked by the midterm elections, and the Trump Administration wants the Clarity Act passed before a potential change of control in the House and Senate, where the GOP is expected to lose a significant number of seats.. Republicans have warned the crypto industry that it will get a better deal from a…
Blockchain and Cryptocurrency: People, Culture and Tech