Cryptocurrency
fromnews.bitcoin.com
6 days agoTreasury Secretary Pushes Clarity Act to Secure US Crypto Market Leadership
U.S. Treasury Secretary Bessent calls for the Clarity Act to address regulatory gaps in the growing digital asset market.
XRP is trading near $1.30 right now, and the CLARITY Act is the difference between its commodity classification being written into law or remaining something a future administration could quietly undo.
Fox Business hosts, on Tuesday, called out President Donald Trump and his family for being heavily invested in cryptocurrencies at the same time his administration pushes crypto-friendly legislation, as host Stuart Varney put it. Fox Business reporter Lauren Simonetti commented it appeared to be a clear conflict of interest. Their comments came a day after the Trump family's flagship token WLFI started trading.
The Australian crypto industry has called on the newly reelected Labor government to urgently make digital asset legislation a top priority to ensure Australia doesn't fall further behind global markets.