Mark RadarMARK RADAR
中 EN
Event File CRYPTO Stablecoins CLARITY Act

U.S. Treasury Secretary Bessent Urges Congress to Pass Crypto Regulation Bill

1 reports · First detected 2026-04-09 · Last active 2026-04-09

The Digital Asset Market CLARITY Act seeks to divide regulatory jurisdiction between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), while establishing registration and trading rules for cryptocurrencies, tokenized assets and decentralized exchanges. The legislation will determine whether firms can operate under a consistent U.S. compliance framework and could influence whether financial innovation moves offshore.

The U.S. House of Representatives passed H.R. 3633 on July 17, 2025, by a vote of 294–134, but Senate consideration has been delayed by disputes over rules governing stablecoin interest and rewards. Treasury Secretary Scott Bessent again urged Congress on April 10, 2026, to complete the legislation swiftly, noting that the global crypto market is worth $3 trillion and that nearly one in six Americans owns digital assets.

All Coverage

1 original reports
COINTELEGRAPH.COM 2026-04-09
Bessent ramps up pressure on Congress to pass CLARITY Act

The Backstory

The history behind this event
US Treasury Secretary Bessent Urges Congress to Pass CLARITY Act, Define Crypto Oversight2026-06-03 · 7 reports · similarity 0.80

US crypto assets have long been overseen separately by the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), with no clear line determining whether a token is a security or a commodity. The Digital Asset Market Clarity Act aims to delineate the agencies’ responsibilities, reduce regulatory uncertainty for the industry and cement US leadership in setting global rules for crypto finance.

US Treasury Secretary Scott Bessent recently urged Congress in an opinion piece to pass the bill this summer. The House approved it by a 294–134 vote on July 17, 2025, but it still awaits Senate action. The White House had pushed to complete the legislation by July 4, while prediction markets currently put its chance of passage this year at about 70%. Bessent also said the Strategic Bitcoin Reserve is moving forward cautiously.

Mark Radar｜MARK RADAR
Past Issues・by MarkReadFintech