Scott Bessent Calls Clarity Act 'Essential' for U.S. Global Tech Competition

U.S. Treasury Secretary Scott Bessent stressed that the Clarity Act is essential for ensuring U.S. success in the global competition over new technologies.

In an interview with cryptocurrency-focused media outlet Bitcoin Magazine, Bessent stated that the Clarity Act 'is essential to securing victory for the United States in the global competition surrounding new technology.'

He also noted that the final version of the Clarity Act will further advance policy goals aimed at strengthening America's technological competitiveness.