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via The Block · By The Block Editorial

Bessent backs summer push for Clarity Act, says bitcoin reserve moving at 'deliberate speed'

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The Block Editorial
(04:36 PM UTC)
1 min read
DK
Approved byDavid Kim
700 views
0 comments

Treasury Secretary Scott Bessent said the department is moving at a "deliberate speed" to establish a strategic bitcoin reserve while continuing to push for passage of a major cryptocurrency market structure bill this summer.

Speaking on Wednesday during a Senate Finance Committee hearing to discuss the 2027 budget, Bessent pressed lawmakers to "get behind" the bill, called the Clarity Act, and…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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