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On Thursday, Treasury Secretary Scott Bessent urged Congress to pass the CLARITY Act, a bill that would provide the crypto industry with a regulatory framework and the long-awaited clarity it needs regarding the classification of digital assets. Bessent Presses Lawmakers To Pass The CLARITY Act In remarks at the White House, Bessent emphasized that the goal of the CLARITY Act should be to bring digital assets into the US rather than letting activity remain largely offshore. He said: The most important thing we can do is to make digital assets come into the United States. Make the US the home. I would encourage the House and the Senate to get Clarity done. Related Reading: Ethereum (ETH) Drops Below $2,000—Why Standard Chartered Still Expects $40,000 By 2030 Bessent’s comments also targeted what he called the “wild, wild west” environment for digital assets outside the US. He argued that much of the confusion and controversy surrounding crypto stems from a lack of clear rules when th
Read full articleThe future of a digital asset market structure bill in Congress is still uncertain amid concerns over ethics provisions, with president, whose crypto ties are under scrutiny, weighing in on social media.
Manna's drone delivery expansion into the US signals a major shift in global logistics dynamics. The post Bobby Healy: Manna’s US expansion is driven by favorable regulations, achieving 300,000 deliveries showcases operational readiness, and drone delivery is becoming the consumer default in Europe | TWIST appeared first on Crypto Briefing.
The Senate’s crypto bill has supporters excited—and opponents concerned—about the bill’s potential reverberations beyond America’s borders.
The blockade's disruption of Hormuz shipping traffic could exacerbate global trade tensions and impact oil market stability. The post US redirects 111 vessels under Iran blockade, impacting Hormuz shipping traffic appeared first on Crypto Briefing.
The tentative US-Iran deal could stabilize diplomatic relations, impacting global markets and potentially easing geopolitical tensions. The post US and Iran reach tentative deal to extend ceasefire, begin nuclear talks appeared first on Crypto Briefing.
The ceasefire deal could stabilize oil markets and influence geopolitical dynamics, but its success hinges on Trump's approval and nuclear talks. The post US negotiators reach 60-day ceasefire deal with Iran, pending Trump approval appeared first on Crypto Briefing.
The S&P 500 pushed to a fresh all time high near 7,400 after Washington and Tehran agreed to extend their ceasefire, reinforcing a broad risk on bid across equities and crypto. The United States and Iran have agreed to extend…
US sanctions on Iran's tolls in the Strait of Hormuz highlight the growing role of digital assets in geopolitical conflicts. The post Scott Bessent warns Oman of US penalties for tolls in Strait of Hormuz, puts crypto payment channels on notice appeared first on Crypto Briefing.
