The US Treasury Secretary issued a statement urging Congress to pass the Clarity Act to establish a regulatory framework for cryptocurrencies.

CoinFeed reported on April 9 that, according to Cointelegraph, U.S. Treasury Secretary Scott Bessent, in a Wall Street Journal op-ed, called on Congress to pass the Clarity Act to establish a clear regulatory framework for the crypto market and ensure that the United States maintains its position as a global financial standard setter.