Bessent backs summer push for Clarity Act, says bitcoin reserve moving at ‘deliberate speed’
The Block·
60-second summary
Treasury Secretary Scott Bessent is backing a summer push for the Clarity Act, aiming to establish a strategic bitcoin reserve, moving at a deliberate speed. This development comes as the US government explores the potential of digital assets, with a focus on price stability and security. The market implication is a growing recognition of bitcoin's potential role in global finance.
Treasury Secretary Scott Bessent said the department is moving at a "deliberate speed" to establish a strategic bitcoin reserve.