U.S. Treasury Secretary Scott Bessent says Clarity Act is at the “1-yard line”

U.S. Treasury Secretary Bessent said the Clarity Act is at the "1-yard line", signaling imminent progress toward a clearer U.S. digital-asset framework. If enacted, it would better define when tokens are securities, clarify SEC vs CFTC jurisdiction, and set rules for stablecoin issuance. Reduced regulatory uncertainty can improve market structure, compliance planning for exchanges and issuers, and near-term risk sentiment across major crypto assets.