Techub News update: U.S. Treasury Secretary Scott Bessent said in an opinion piece in The Wall Street Journal that the United States must pass the CLARITY Act as soon as possible to establish a clear regulatory framework and maintain U.S. leadership in the global financial markets. Bessent emphasized that blockchain technology has been widely adopted in payments, settlements, and exchanges of tangible assets, and that cryptocurrencies are no longer niche experiments but a key technology reshaping the global financial landscape.

Citing data, Bessent said that about one-sixth of Americans hold digital assets. Building a compliant market structure will attract more innovation and capital back to the U.S. and strengthen the domestic financial ecosystem. He warned that if the U.S. cannot take initiative to set the rules, it faces the risk of losing its leading role in setting global financial standards.