The Treasury Secretary signaled the legislation is close to completion and pressed lawmakers to move it forward, underscoring the push for a clearer U.S. crypto framework.
Treasury Secretary Bessent said the crypto Clarity Act is at the "1-yard-line" and called on Congress to pass it. The remark suggests the legislation is nearing a decisive stage, with the administration official framing it as close to the finish line in the U.S. lawmaking process. If enacted, a clearer federal framework for digital assets could shape how the sector is supervised and how market participants operate.