US Treasury Secretary Scott Bessent told CNBC that Congress should move fast on the Clarity Act to give investors and companies a firmer sense of what counts as allowed activity in crypto markets. He argued that clearer rules would calm the recent swings traders have seen and help restore confidence.
Senators Hit A Wall Over Stablecoin Rules A Push For Passage Before SpringReports say some lawmakers want the measure ready for a presidential signature this spring. Supporters say speed matters; critics say rushing could lock in rules that harm legitimate services.
US President Donald Trump’s approval is being discussed as a near-term finish line by some backers, and Republican and Democratic senators alike have been urged to find common ground.
Coinbase’s public withdrawal of support altered the political math and sent a ripple through equities and crypto prices.
Who Wins And Who Loses In The DealLawmakers will have to balance consumer protection, systemic risk, and commercial freedom. The final version could look very different from what’s now on the table.
Featured image from Unsplash, chart from TradingView
