Treasury Secretary Bessent Urges Congress to Pass Crypto Clarity Act

Treasury Secretary Scott Bessent said there will be no central bank digital currency under the current administration. He added that the most important step is to bring digital assets into the United States and make the country their home.

Bessent urged both the House and the Senate to complete work on the Clarity Act. He told reporters the legislation would provide regulatory certainty for digital asset markets.

The statements come as lawmakers consider new rules for cryptocurrency trading and custody. Bessent framed the Clarity Act as a priority for attracting investment and innovation. S. " >"I would encourage the House and the Senate to get Clarity done," he added.