As the process of comprehensive regulation of cryptocurrency markets in the U.S. gathers momentum, Scott Bessent and Paul Atkins have called for the bill known as the “Clarity Act” to be passed as soon as possible.

In a statement, U.S. Treasury Secretary Bessent said that the United States has long set standards for the global financial system, but that leadership is no longer guaranteed. Noting that the digital-asset market has fluctuated between $2 and $3 trillion over the past year, and that one in six Americans owns crypto assets, Bessent said that blockchain technology is finding broader and broader applications, from payment systems to the tokenization of real-world assets. According to Bessent, cryptocurrency is no longer a niche area, and for the U.S. to maintain its leadership in this transformation, Congress needs to pass the Закон о ясности (Clarity Act) without delay.

Bessent also added that the Geniuses Act, signed by Donald Trump, provides an important foundation for dollar-backed stablecoins, but that alone is not sufficient. Noting that the current regulatory and legal environment suffers from jurisdictional confusion between the SEC and the CFTC, Bessent said that this uncertainty is pushing companies toward regions with clearer regulation, such as Abu Dhabi and Singapore.#GateSquareAprilPostingChallenge