Treasury Chief Pushes Fast-Track Crypto Rules, Citing Nakamoto
U.S. Treasury Secretary Scott Bessent urged the Senate to immediately pass the Clarity Act, arguing it would strengthen consumer protections and anti-money-laundering rules while providing regulatory certainty for digital-asset markets; he defended protections for decentralized developers and quoted Satoshi Nakamoto. The bill would establish a federal framework for crypto oversight (SEC and CFTC) and could legalize most crypto activity, though its path faces ethics fights and an approaching August recess.