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US Treasury Plans New Crypto Rules After CLARITY Act Setback

Bitcoinist
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US Treasury Plans New Crypto Rules After CLARITY Act Setback

The US government isn’t waiting for Congress to settle the debate over cryptocurrency regulation. Speaking at Ripple’s Swell conference in New York on October 27, Treasury Secretary Scott Bessent outlined how federal regulators could move forward after the CLARITY Act failed to advance in the Senate. His proposal involves closer cooperation between the Treasury Department, […]

Key Takeaways

  1. The US government isn’t waiting for Congress to settle the debate over cryptocurrency regulation.
  2. Speaking at Ripple’s Swell conference in New York on October 27, Treasury Secretary Scott Bessent outlined how federal regulators could move forward after the CLARITY Act failed to advance in the Senate.
  3. His proposal involves closer cooperation between the Treasury Department, […]
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Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.