On the 10th, U.S. Treasury Secretary Scott Bessent, via his X account, reiterated his request for the Senate to immediately resume deliberations on the Clarity Act, which establishes a regulatory framework for cryptocurrencies, as soon as they return from the August recess. He had also called for progress on the bill in July.
Bessent urged senators to remain engaged in negotiations and agree to the motion to enter deliberations, thereby continuing the legislative process. Failure to do so could jeopardize the U.S.'s leadership role in the future of digital assets...