Regulation· ★★★★· bullish· September 15, 16:17

Bessent: CLARITY Act key to US winning global crypto race

—Bessent called the CLARITY Act a condition for the US to win the global crypto race
—The Treasury Secretary said he would not hesitate to use his powers
—The statement came before a procedural Senate vote on the bill

Why it matters: The Treasury's stance increases pressure on the Senate ahead of a vote that will determine regulatory certainty for the US crypto market.

Source: Google News (crypto query)