Ripple Swell Sees Bessent Bring a Plan B for the Stalled CLARITY Act

U.S. Treasury Secretary Scott Bessent told Ripple’s Swell conference in New York that the Treasury can work with the SEC and CFTC to fill the gap left by the Clarity Act’s failure in the Senate. Bessent Says Treasury Has ‘a Lot of Convening Powers’ Bessent appeared on stage on Oct. 27 to open the 10th […]
Key Takeaways
- Treasury Secretary Scott Bessent told Ripple’s Swell conference in New York that the Treasury can work with the SEC and CFTC to fill the gap left by the Clarity Act’s failure in the Senate.
- Bessent Says Treasury Has ‘a Lot of Convening Powers’ Bessent appeared on stage on Oct.
- 27 to open the 10th […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation

KuCoin exits Russia and Belarus as crypto exchanges withdraw from Western-sanctioned markets
The exchange is closing accounts in both countries after MEXC and Bitget announced similar moves earlier this month.

Utah Hits Kalshi, Founders With Criminal Charges Over Sports Bets
Utah prosecutors have charged Kalshi and its co-founders, CEO Tarek Mansour and COO Luana Lopes Lara, with 13 felonies and a misdemeanor after an undercover state investigator placed a dozen sports bets on the platform. An Undercover Agent’s 12 Sports Bets…

From rivals to partners: Polygon and Solana team to bring stablecoin payments to banks
The two networks are setting aside their rivalry to connect Solana's stablecoin activity with Polygon's banking, wallet and payment infrastructure.